Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Euro/Turkish Lira (FOREX:EURTRY)
Bull Market Weakness (+75) - EURTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
MarketClub’s Trade Triangles for EURTRY
The long-term trend has been UP since Aug 25th, 2019 at 7.035625
The intermediate-term trend has been DOWN since May 14th, 2020 at 7.467100
The short-term trend has been UP since May 27th, 2020 at 7.446880
Smart Scan Analysis for EURTRY
Based on our trend formula, EURTRY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).