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Forex Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
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, TRYGBP 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.
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MarketClub’s Trade Triangles for TRYGBP
The long-term trend has been DOWN since Nov 15th, 2022 at 0.045365
The intermediate-term trend has been DOWN since Dec 6th, 2024 at 0.022510
The short-term trend has been DOWN since Nov 26th, 2024 at 0.022925
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.022460 | 0.022555 | 0.022455 | 0.022515 | +0.000055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.022460 | 2024-12-11 07:08:52 |