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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 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.

FOREX_TRYCZK
Open High Low TRYCZK Price Change
0.7060 0.7100 0.7050 0.7085 +0.0025
Entry Signal

MarketClub’s Trade Triangles for TRYCZK

long term down The long-term trend has been DOWN since Sep 20th, 2021 at 2.4905

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2024 at 0.7000

short term up The short-term trend has been UP since Jul 22nd, 2024 at 0.7030

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).

-55
Smart Scan Analysis for TRYCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7060 0.7100 0.7050 0.7085 +0.0025
Prev. Close Volume Bid Ask Time
0.7060 2024-07-26 16:56:43
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