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Forex Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Turkish Lira/Swiss Franc (FOREX:TRYCHF)

Long-Term Downtrend (-90) - TRYCHF is in a strong downtrend that is likely to continue. While TRYCHF is showing intraday strength, it remains in the confines of a bearish trend. 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
0.09423531 0.09432585 0.09298181 0.09426120 +0.00002600
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 Sep 17th, 2021 at 0.10757179

short term down The short-term trend has been DOWN since Oct 4th, 2021 at 0.10442306

Smart Scan Analysis for TRYCHF

Based on our trend formula, TRYCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TRYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.09423531 0.09432585 0.09298181 0.09426120 +0.00002600
Prev. Close Volume Bid Ask Time
0.09423531 2021-10-24 21:51:13
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