Forex Trend Analysis Report
Prepared for you on Thursday, June 8, 2023.
Euro/Turkish Lira (FOREX:EURTRY)
Strong Uptrend (+100) - EURTRY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURTRY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Oct 12th, 2021 at 10.444390
The intermediate-term trend has been UP since May 14th, 2023 at 21.703755
The short-term trend has been UP since May 30th, 2023 at 21.852900
Smart Scan Analysis for EURTRY
Based on our trend formula, EURTRY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).