Forex Trend Analysis Report
Prepared for you on Tuesday, August 16, 2022.
Euro/Turkish Lira (FOREX:EURTRY)
Weak Uptrend (+65) - EURTRY is showing signs of weakening momentum to the upside. Monitor 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 Oct 12th, 2021 at 10.444390
The intermediate-term trend has been UP since Jul 19th, 2022 at 17.861185
The short-term trend has been DOWN since Aug 15th, 2022 at 18.334400
Smart Scan Analysis for EURTRY
Based on our trend formula, EURTRY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).