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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Turkish Lira/British Pound (FOREX:TRYGBP)

Crossroads (-60) - TRYGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.095795 0.096880 0.095350 0.095855 +0.000060
Entry Signal

MarketClub’s Trade Triangles for TRYGBP

long term up The long-term trend has been UP since Jan 6th, 2021 at 0.101115

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 0.099685

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 0.096400

Smart Scan Analysis for TRYGBP

Based on our trend formula, TRYGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TRYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.095795 0.096880 0.095350 0.095855 +0.000060
Prev. Close Volume Bid Ask Time
0.095795 2021-03-05 17:00:45
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