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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

Turkish Lira/Polish New Zloty (FOREX:TRYPLN)

Sidelines Mode (-55) - TRYPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_TRYPLN
Open High Low TRYPLN Price Change
0.13879 0.13943 0.13845 0.13901 +0.00022
Entry Signal

MarketClub’s Trade Triangles for TRYPLN

long term down The long-term trend has been DOWN since Oct 13th, 2021 at 0.436350

intermediate term down The intermediate-term trend has been DOWN since Oct 9th, 2023 at 0.156240

short term up The short-term trend has been UP since Dec 6th, 2023 at 0.138835

Smart Scan Analysis for TRYPLN

Based on our trend formula, TRYPLN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for TRYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.13879 0.13943 0.13845 0.13901 +0.00022
Prev. Close Volume Bid Ask Time
0.13879 2023-12-08 17:06:59
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