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Forex Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

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, TRYCHF 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
0.05246975 0.05250450 0.05239458 0.05244152 -0.00002800
Entry Signal

MarketClub’s Trade Triangles for TRYCHF

long term down The long-term trend has been DOWN since Oct 8th, 2021 at 0.10373268

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2022 at 0.05583488

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 0.05298613

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
0.05246975 0.05250450 0.05239458 0.05244152 -0.00002800
Prev. Close Volume Bid Ask Time
0.05246975 2022-08-12 02:40:25
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