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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Turkish Lira (FOREX:EURTRY)
Countertrend Up (+85) - EURTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for EURTRY
The long-term trend has been UP since Sep 20th, 2021 at 10.19992
The intermediate-term trend has been UP since Jun 4th, 2024 at 35.22013
The short-term trend has been DOWN since Jul 19th, 2024 at 35.96328
Smart Scan Analysis for EURTRY
Based on our trend formula, EURTRY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.929390 | 35.986645 | 35.725550 | 35.807315 | -0.122075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.929390 | 2024-07-26 17:00:05 |