Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TRYCHF
The long-term trend has been DOWN since Sep 23rd, 2021 at 0.10514905
The intermediate-term trend has been DOWN since Jul 14th, 2024 at 0.02700983
The short-term trend has been DOWN since Jul 24th, 2024 at 0.02678346
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 |
|---|---|---|---|---|
| 0.02662586 | 0.02685359 | 0.02657994 | 0.02679782 | +0.00017200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02662586 | 2024-07-26 17:00:05 |