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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Swiss Franc/Turkish Lira (FOREX:CHFTRY)

Weak Downtrend (-65) - CHFTRY is showing signs of a strengthening downtrend. Monitor CHFTRY as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CHFTRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFTRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFTRY
Open High Low CHFTRY Price Change
7.005085 7.023680 6.991691 7.015430 +0.010345
Entry Signal

MarketClub’s Trade Triangles for CHFTRY

long term up The long-term trend has been UP since Mar 22nd, 2019 at 5.726400

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2020 at 7.099967

short term down The short-term trend has been DOWN since May 7th, 2020 at 7.262021

Smart Scan Analysis for CHFTRY

Based on our trend formula, CHFTRY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.005085 7.023680 6.991691 7.015430 +0.010345
Prev. Close Volume Bid Ask Time
7.005085 7.011670 7.019190 2020-05-25 14:52:06
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