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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Turkish Lira/Hong Kong Dollar (FOREX:TRYHKD)

Sidelines Mode (+50) - TRYHKD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TRYHKD can gain momentum.

Is it time to buy, sell, or avoid TRYHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRYHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TRYHKD
Open High Low TRYHKD Price Change
0.20075 0.20090 0.20065 0.20075 0.00000
Entry Signal

MarketClub’s Trade Triangles for TRYHKD

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 0.40965

intermediate term up The intermediate-term trend has been UP since May 7th, 2025 at 0.20440

short term up The short-term trend has been UP since May 7th, 2025 at 0.20245

Smart Scan Analysis for TRYHKD

Based on our trend formula, TRYHKD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for TRYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20075 0.20090 0.20065 0.20075 0.00000
Prev. Close Volume Bid Ask Time
0.20075 2025-05-09 07:35:26
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