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Forex Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
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 Aug 25th, 2019 at 0.142470
The intermediate-term trend has been UP since May 14th, 2020 at 0.133885
The short-term trend has been DOWN since May 26th, 2020 at 0.134335
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 |
|---|---|---|---|---|
| 0.13518 | 0.13535 | 0.13368 | 0.13372 | -0.00146 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.13518 | 0.13362 | 0.13382 | 2020-05-27 22:21:19 |