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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2025.

Chinese Yuan Renminbi/Turkish Lira (FOREX:CNYTRY)

Countertrend Up (+85) - CNYTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_CNYTRY
Open High Low CNYTRY Price Change
4.8559331 4.8615607 4.8212618 4.8546017 -0.0013310
Entry Signal

MarketClub’s Trade Triangles for CNYTRY

long term up The long-term trend has been UP since Dec 2nd, 2022 at 2.6546381

intermediate term up The intermediate-term trend has been UP since Dec 18th, 2024 at 4.8194775

short term down The short-term trend has been DOWN since Jan 19th, 2025 at 4.8225977

Smart Scan Analysis for CNYTRY

Based on our trend formula, CNYTRY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CNYTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8559331 4.8615607 4.8212618 4.8546017 -0.0013310
Prev. Close Volume Bid Ask Time
4.8559331 2025-01-19 18:09:51
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