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Forex Trend Analysis Report

Prepared for you on Thursday, May 13, 2021.

Turkish Lira/Swiss Franc (FOREX:TRYCHF)

Strong Downtrend (-100) - TRYCHF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_TRYCHF
Open High Low TRYCHF Price Change
0.10762187 0.10771408 0.10699000 0.10699626 -0.00062600
Entry Signal

MarketClub’s Trade Triangles for TRYCHF

long term down The long-term trend has been DOWN since Mar 21st, 2021 at 0.11052928

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2021 at 0.12013200

short term down The short-term trend has been DOWN since Apr 30th, 2021 at 0.11011164

Smart Scan Analysis for TRYCHF

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

-100
Smart Scan Analysis for TRYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10762187 0.10771408 0.10699000 0.10699626 -0.00062600
Prev. Close Volume Bid Ask Time
0.10762187 2021-05-13 02:56:30
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