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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for EURTRY
The long-term trend has been UP since May 17th, 2022 at 16.602490
The intermediate-term trend has been UP since Nov 5th, 2024 at 37.556615
The short-term trend has been UP since Nov 18th, 2024 at 36.580385
Smart Scan Analysis for EURTRY
Based on our trend formula, EURTRY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.519085 | 36.640145 | 36.469650 | 36.484995 | -0.034090 |
| Prev. Close | Volume | Bid | Ask | Time |
| 36.519085 | 2024-11-20 03:32:11 |