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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

Turkish Lira/Czech Koruna (FOREX:TRYCZK)

Bear Market Rally (-75) - TRYCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYCZK as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid TRYCZK?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRYCZK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low TRYCZK Price Change
3.5565 3.5625 3.5475 3.5480 -0.0085
Entry Signal

MarketClub’s Trade Triangles for TRYCZK

long term down The long-term trend has been DOWN since Aug 25th, 2019 at 3.6665

intermediate term up The intermediate-term trend has been UP since May 14th, 2020 at 3.6870

short term down The short-term trend has been DOWN since May 26th, 2020 at 3.6535

Smart Scan Analysis for TRYCZK

Based on our trend formula, TRYCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TRYCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.5565 3.5625 3.5475 3.5480 -0.0085
Prev. Close Volume Bid Ask Time
3.5565 3.5440 3.5520 2020-05-31 22:12:41
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