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Forex Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Turkish Lira/Swiss Franc (FOREX:TRYCHF)
Sidelines Mode (-55) - TRYCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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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 UP since Aug 9th, 2023 at 0.03320561
The short-term trend has been DOWN since Sep 27th, 2023 at 0.03298000
Smart Scan Analysis for TRYCHF
Based on our trend formula, TRYCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03369000 | 0.03371024 | 0.03322000 | 0.03331500 | -0.00037500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03369000 | 2023-09-28 21:17:32 |