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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

Turkish Lira/Euro (FOREX:TRYEUR)

Weak Downtrend (-65) - TRYEUR is showing signs of a strengthening downtrend. Monitor TRYEUR as it may be building momentum to the downside.

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
0.028395 0.028630 0.028385 0.028580 +0.000185
Entry Signal

MarketClub’s Trade Triangles for TRYEUR

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 0.095925

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 0.028445

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 0.028505

Smart Scan Analysis for TRYEUR

Based on our trend formula, TRYEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TRYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.028395 0.028630 0.028385 0.028580 +0.000185
Prev. Close Volume Bid Ask Time
0.028395 2024-06-18 08:41:33
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