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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Turkish Lira/Swiss Franc (FOREX:TRYCHF)

Bear Market Rally (-75) - TRYCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYCHF as it may be in the beginning of a reversal.

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
0.02565781 0.02570728 0.02551339 0.02558078 -0.00007700
Entry Signal

MarketClub’s Trade Triangles for TRYCHF

long term down The long-term trend has been DOWN since Feb 18th, 2022 at 0.06740324

intermediate term up The intermediate-term trend has been UP since Jan 2nd, 2025 at 0.02579504

short term down The short-term trend has been DOWN since Jan 17th, 2025 at 0.02558261

Smart Scan Analysis for TRYCHF

Based on our trend formula, TRYCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for TRYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02565781 0.02570728 0.02551339 0.02558078 -0.00007700
Prev. Close Volume Bid Ask Time
0.02565781 2025-01-20 09:39:28
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