Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, October 26, 2021.

Turkish Lira/Hong Kong Dollar (FOREX:TRYHKD)

Countertrend Down (-85) - TRYHKD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.80925 0.82585 0.80785 0.81525 +0.00600
Entry Signal

MarketClub’s Trade Triangles for TRYHKD

long term down The long-term trend has been DOWN since Sep 24th, 2021 at 0.88135

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2021 at 0.91290

short term up The short-term trend has been UP since Oct 26th, 2021 at 0.81865

Smart Scan Analysis for TRYHKD

Based on our trend formula, TRYHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TRYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.80925 0.82585 0.80785 0.81525 +0.00600
Prev. Close Volume Bid Ask Time
0.80925 2021-10-26 13:32:45
Get a free daily analysis and signals for Turkish Lira/Hong Kong Dollar (TRYHKD) - Request Your Free Report.