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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Turkish Lira/Japanese Yen (FOREX:TRYJPY)

Crossroads (-60) - TRYJPY 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 TRYJPY?

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

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

FOREX_TRYJPY
Open High Low TRYJPY Price Change
14.3050 14.5310 14.2020 14.3745 +0.0695
Entry Signal

MarketClub’s Trade Triangles for TRYJPY

long term up The long-term trend has been UP since Jan 6th, 2021 at 14.158

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2021 at 14.316

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 15.055

Smart Scan Analysis for TRYJPY

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

-60
Smart Scan Analysis for TRYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.3050 14.5310 14.2020 14.3745 +0.0695
Prev. Close Volume Bid Ask Time
14.3050 2021-02-26 11:29:00
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