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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.
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MarketClub’s Trade Triangles for TRYCHF
The long-term trend has been DOWN since Oct 8th, 2021 at 0.10373268
The intermediate-term trend has been DOWN since Jul 18th, 2022 at 0.05583488
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).
| 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 |