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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Turkish Lira/British Pound (FOREX:TRYGBP)

Long-Term Downtrend (-90) - TRYGBP is in a strong downtrend that is likely to continue. While TRYGBP is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_TRYGBP
Open High Low TRYGBP Price Change
0.02169 0.02174 0.02164 0.02173 +0.00004
Entry Signal

MarketClub’s Trade Triangles for TRYGBP

long term down The long-term trend has been DOWN since Feb 3rd, 2025 at 0.022345

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2025 at 0.022455

short term down The short-term trend has been DOWN since Feb 11th, 2025 at 0.022295

Smart Scan Analysis for TRYGBP

Based on our trend formula, TRYGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TRYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02169 0.02174 0.02164 0.02173 +0.00004
Prev. Close Volume Bid Ask Time
0.02169 2025-02-21 17:03:11
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