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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Euro/Turkish Lira (FOREX:EURTRY)

Weak Uptrend (+65) - EURTRY is showing signs of weakening momentum to the upside. Monitor EURTRY as it may be in the beginning stages of a reversal.

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

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

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

FOREX_EURTRY
Open High Low EURTRY Price Change
18.251115 18.311450 18.184540 18.238650 -0.012465
Entry Signal

MarketClub’s Trade Triangles for EURTRY

long term up The long-term trend has been UP since Oct 12th, 2021 at 10.444390

intermediate term up The intermediate-term trend has been UP since Jul 19th, 2022 at 17.861185

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 18.334400

Smart Scan Analysis for EURTRY

Based on our trend formula, EURTRY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for EURTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.251115 18.311450 18.184540 18.238650 -0.012465
Prev. Close Volume Bid Ask Time
18.251115 2022-08-16 20:58:05
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