Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
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.
MarketClub’s Trade Triangles for TRYCZK
The long-term trend has been DOWN since Oct 11th, 2021 at 2.4375
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 2.5240
The short-term trend has been UP since Oct 26th, 2021 at 2.3225
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).