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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Turkish Lira/British Pound (FOREX:TRYGBP)

Bull Market Weakness (+75) - TRYGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TRYGBP as it may be in the beginning stages of a reversal.

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.

FOREX_TRYGBP
Open High Low TRYGBP Price Change
0.024770 0.024835 0.024750 0.024815 +0.000045
Entry Signal

MarketClub’s Trade Triangles for TRYGBP

long term down The long-term trend has been DOWN since Nov 15th, 2022 at 0.045365

intermediate term up The intermediate-term trend has been UP since Apr 1st, 2024 at 0.024820

short term up The short-term trend has been UP since Apr 19th, 2024 at 0.024835

Smart Scan Analysis for TRYGBP

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

+70
Smart Scan Analysis for TRYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.024770 0.024835 0.024750 0.024815 +0.000045
Prev. Close Volume Bid Ask Time
0.024770 2024-04-22 04:52:49
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