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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Turkish Lira/Chinese Yuan Renminbi (FOREX:TRYCNY)
Strong Downtrend (-100) - TRYCNY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRYCNY continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TRYCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYCNY.
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 TRYCNY
The long-term trend has been DOWN since Feb 24th, 2022 at 0.45514197
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.20829474
The short-term trend has been DOWN since Feb 13th, 2025 at 0.20232104
Smart Scan Analysis for TRYCNY
Based on our trend formula, TRYCNY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.19948828 | 0.19948828 | 0.19948828 | 0.19948828 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.19948828 | 2025-02-22 03:02:47 |