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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Turkish Lira/British Pound (FOREX:TRYGBP)

Weak Downtrend (-65) - TRYGBP is showing signs of a strengthening downtrend. Monitor TRYGBP as it may be building momentum to the downside.

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
0.046215 0.046355 0.045945 0.046090 -0.000125
Entry Signal

MarketClub’s Trade Triangles for TRYGBP

long term down The long-term trend has been DOWN since Oct 8th, 2021 at 0.082185

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2022 at 0.047945

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.046040

Smart Scan Analysis for TRYGBP

Based on our trend formula, TRYGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TRYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.046215 0.046355 0.045945 0.046090 -0.000125
Prev. Close Volume Bid Ask Time
0.046215 2022-08-16 20:42:49
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