Forex Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
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.
MarketClub’s Trade Triangles for CHFTRY
The long-term trend has been UP since Oct 8th, 2021 at 9.640071
The intermediate-term trend has been DOWN since Aug 9th, 2023 at 30.117701
The short-term trend has been DOWN since Sep 17th, 2023 at 30.033589
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).