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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Turkish Lira/Chinese Yuan Renminbi (FOREX:TRYCNY)
Crossroads (+60) - TRYCNY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Oct 28th, 2021 at 0.66911886
The intermediate-term trend has been UP since Oct 14th, 2024 at 0.20719526
The short-term trend has been UP since Oct 23rd, 2024 at 0.20819640
Smart Scan Analysis for TRYCNY
Based on our trend formula, TRYCNY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20766431 | 0.20766431 | 0.20766431 | 0.20766431 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20766431 | 2024-10-26 04:48:14 |