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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Turkish Lira/Swiss Franc (FOREX:TRYCHF)

Crossroads (-60) - TRYCHF is struggling to move into a solid trend. Beware of choppy markets 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
0.12202873 0.12391300 0.12106850 0.12255277 +0.00052400
Entry Signal

MarketClub’s Trade Triangles for TRYCHF

long term up The long-term trend has been UP since Jan 7th, 2021 at 0.12153385

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.12158695

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 0.12787927

Smart Scan Analysis for TRYCHF

Based on our trend formula, TRYCHF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TRYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12202873 0.12391300 0.12106850 0.12255277 +0.00052400
Prev. Close Volume Bid Ask Time
0.12202873 2021-02-26 11:56:27
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