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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Turkish Lira/Czech Koruna (FOREX:TRYCZK)
Sidelines Mode (+55) - TRYCZK 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 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.
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MarketClub’s Trade Triangles for TRYCZK
The long-term trend has been DOWN since May 17th, 2022 at 1.4905
The intermediate-term trend has been UP since Oct 3rd, 2024 at 0.6720
The short-term trend has been DOWN since Nov 18th, 2024 at 0.6915
Smart Scan Analysis for TRYCZK
Based on our trend formula, TRYCZK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.6925 | 0.6935 | 0.6905 | 0.6935 | +0.0010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6925 | 2024-11-20 03:28:46 |