Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Japanese Yen/Turkish Lira (FOREX:JPYTRY)
Countertrend Up (+85) - JPYTRY 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 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 Oct 13th, 2021 at 0.08043165
The intermediate-term trend has been UP since Sep 16th, 2021 at 0.07749267
The short-term trend has been DOWN since Oct 20th, 2021 at 0.08085138
Smart Scan Analysis for JPYTRY
Based on our trend formula, JPYTRY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).