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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Japanese Yen/Turkish Lira (FOREX:JPYTRY)

Crossroads (+60) - JPYTRY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid JPYTRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYTRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYTRY
Open High Low JPYTRY Price Change
0.21512707 0.21565916 0.21299051 0.21429453 -0.00083300
Entry Signal

MarketClub’s Trade Triangles for JPYTRY

long term down The long-term trend has been DOWN since Jul 1st, 2024 at 0.20209089

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 0.20868875

short term up The short-term trend has been UP since Jul 23rd, 2024 at 0.21129556

Smart Scan Analysis for JPYTRY

Based on our trend formula, JPYTRY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for JPYTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21512707 0.21565916 0.21299051 0.21429453 -0.00083300
Prev. Close Volume Bid Ask Time
0.21512707 2024-07-26 17:00:06
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