Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Turkish Lira/British Pound (FOREX:TRYGBP)
Strong Downtrend (-100) - TRYGBP 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 TRYGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRYGBP
The long-term trend has been DOWN since Oct 8th, 2021 at 0.082185
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 0.085100
The short-term trend has been DOWN since Oct 3rd, 2021 at 0.083075
Smart Scan Analysis for TRYGBP
Based on our trend formula, TRYGBP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).