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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Turkish Lira/Euro (FOREX:TRYEUR)
Sidelines Mode (+55) - TRYEUR 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 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.
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MarketClub’s Trade Triangles for TRYEUR
The long-term trend has been DOWN since May 17th, 2022 at 0.060425
The intermediate-term trend has been UP since Nov 6th, 2024 at 0.027150
The short-term trend has been DOWN since Nov 18th, 2024 at 0.027340
Smart Scan Analysis for TRYEUR
Based on our trend formula, TRYEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.027380 | 0.027435 | 0.027315 | 0.027415 | +0.000035 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.027380 | 2024-11-20 03:38:00 |