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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Turkish Lira/Swiss Franc (FOREX:TRYCHF)

Sidelines Mode (+55) - TRYCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.14131462 0.14138500 0.14045300 0.14087544 -0.00043900
Entry Signal

MarketClub’s Trade Triangles for TRYCHF

long term down The long-term trend has been DOWN since Mar 22nd, 2019 at 0.17463000

intermediate term up The intermediate-term trend has been UP since May 14th, 2020 at 0.14086250

short term down The short-term trend has been DOWN since May 28th, 2020 at 0.14235697

Smart Scan Analysis for TRYCHF

Based on our trend formula, TRYCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TRYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14131462 0.14138500 0.14045300 0.14087544 -0.00043900
Prev. Close Volume Bid Ask Time
0.14131462 0.14041298 0.14133789 2020-05-29 17:08:56
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