Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

Euro/Turkish Lira (FOREX:EURTRY)

Sidelines Mode (+55) - EURTRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
6.569275 6.578230 6.561900 6.567390 -0.001885
Entry Signal

MarketClub’s Trade Triangles for EURTRY

long term up The long-term trend has been UP since Aug 25th, 2019 at 7.035625

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2019 at 6.393450

short term down The short-term trend has been DOWN since Feb 19th, 2020 at 6.542700

Smart Scan Analysis for EURTRY

Based on our trend formula, EURTRY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.569275 6.578230 6.561900 6.567390 -0.001885
Prev. Close Volume Bid Ask Time
6.569275 6.565730 6.569050 2020-02-20 02:40:48
Get a free daily analysis and signals for Euro/Turkish Lira (EURTRY) - Request Your Free Report.