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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2023.

Turkish Lira/Japanese Yen (FOREX:TRYJPY)

Bear Market Rally (-75) - TRYJPY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYJPY as it may be in the beginning of a reversal.

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.

Open High Low TRYJPY Price Change
5.4595 5.4620 5.4500 5.4540 -0.0055
Entry Signal

MarketClub’s Trade Triangles for TRYJPY

long term down The long-term trend has been DOWN since Dec 1st, 2022 at 7.3265

intermediate term up The intermediate-term trend has been UP since Aug 9th, 2023 at 5.3450

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 5.4455

Smart Scan Analysis for TRYJPY

Based on our trend formula, TRYJPY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for TRYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.4595 5.4620 5.4500 5.4540 -0.0055
Prev. Close Volume Bid Ask Time
5.4595 2023-09-24 19:39:12
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