Free Daily Analysis

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.

FOREX_TRYEUR
Open High Low TRYEUR Price Change
0.110845 0.112695 0.110035 0.111580 +0.000735
Entry Signal

MarketClub’s Trade Triangles for TRYEUR

long term up The long-term trend has been UP since Jan 7th, 2021 at 0.112495

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.112670

short term down 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).

-60
Smart Scan Analysis for TRYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.110845 0.112695 0.110035 0.111580 +0.000735
Prev. Close Volume Bid Ask Time
0.110845 2021-02-26 17:11:24
Get a free daily analysis and signals for Turkish Lira/Euro (TRYEUR) - Request Your Free Report.