Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
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.
MarketClub’s Trade Triangles for TRYEUR
The long-term trend has been UP since Jan 7th, 2021 at 0.112495
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.112670
The short-term trend has been DOWN since Feb 22nd, 2021 at 0.117990
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).