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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Turkish Lira/Euro (FOREX:TRYEUR)

Crossroads (+60) - TRYEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_TRYEUR
Open High Low TRYEUR Price Change
0.023005 0.023025 0.022915 0.022935 -0.000070
Entry Signal

MarketClub’s Trade Triangles for TRYEUR

long term down The long-term trend has been DOWN since May 17th, 2022 at 0.061245

intermediate term up The intermediate-term trend has been UP since May 7th, 2025 at 0.023320

short term up The short-term trend has been UP since May 8th, 2025 at 0.023330

Smart Scan Analysis for TRYEUR

Based on our trend formula, TRYEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TRYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.023005 0.023025 0.022915 0.022935 -0.000070
Prev. Close Volume Bid Ask Time
0.023005 2025-05-09 07:29:29
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