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Forex Trend Analysis Report

Prepared for you on Thursday, December 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
0.6860 0.6865 0.6845 0.6855 -0.0005
Entry Signal

MarketClub’s Trade Triangles for TRYCZK

long term down The long-term trend has been DOWN since Dec 28th, 2021 at 1.8920

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2024 at 0.6845

short term up The short-term trend has been UP since Dec 18th, 2024 at 0.6845

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
0.6860 0.6865 0.6845 0.6855 -0.0005
Prev. Close Volume Bid Ask Time
0.6860 2024-12-26 06:03:30
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