Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Chinese Yuan Renminbi/Turkish Lira (FOREX:CNYTRY)

Long-Term Uptrend (+90) - CNYTRY is in a strong uptrend that is likely to continue. While CNYTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.

Open	High	Low	CNYTRY Price	Change
2.7645646	2.7742566	2.7605325	2.7662789	+0.0017140
Entry Signal

MarketClub’s Trade Triangles for CNYTRY

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

The intermediate-term trend has been UP since Mar 14th, 2023 at 2.8037609

The short-term trend has been UP since Mar 12th, 2023 at 2.7543458

Smart Scan Analysis for CNYTRY

Based on our trend formula, CNYTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
2.7645646	2.7742566	2.7605325	2.7662789	+0.0017140
Prev. Close	Volume	Bid	Ask	Time
2.7645646				2023-03-21 11:02:15

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