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.
MarketClub’s Trade Triangles for TRYCHF
The long-term trend has been DOWN since Mar 21st, 2021 at 0.11052928
The intermediate-term trend has been DOWN since Mar 21st, 2021 at 0.12013200
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).