Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
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.
MarketClub’s Trade Triangles for JPYTRY
The long-term trend has been UP since Mar 7th, 2019 at 0.04908200
The intermediate-term trend has been DOWN since Nov 11th, 2020 at 0.07428199
The short-term trend has been DOWN since Nov 27th, 2020 at 0.07514267
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).