Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Turkish Lira/Euro (FOREX:TRYEUR)
Strong Downtrend (-100) - TRYEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Oct 11th, 2021 at 0.095925
The intermediate-term trend has been DOWN since Sep 9th, 2021 at 0.099360
The short-term trend has been DOWN since Oct 8th, 2021 at 0.096965
Smart Scan Analysis for TRYEUR
Based on our trend formula, TRYEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).