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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Turkish Lira/Japanese Yen (FOREX:TRYJPY)
Long-Term Downtrend (-90) - TRYJPY is in a strong downtrend that is likely to continue. While TRYJPY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for TRYJPY
The long-term trend has been DOWN since Jul 24th, 2024 at 4.6230
The intermediate-term trend has been DOWN since Jan 15th, 2025 at 4.3925
The short-term trend has been DOWN since Feb 14th, 2025 at 4.2105
Smart Scan Analysis for TRYJPY
Based on our trend formula, TRYJPY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.1300 | 4.1375 | 4.0765 | 4.0980 | -0.0320 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.1300 | 2025-02-21 17:03:11 |