Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Turkish Lira/Polish New Zloty (FOREX:TRYPLN)
Long-Term Downtrend (-90) - TRYPLN is in a strong downtrend that is likely to continue. While TRYPLN 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 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.
MarketClub’s Trade Triangles for TRYPLN
The long-term trend has been DOWN since Oct 13th, 2021 at 0.436350
The intermediate-term trend has been DOWN since Jul 19th, 2022 at 0.263645
The short-term trend has been DOWN since Aug 9th, 2022 at 0.255890
Smart Scan Analysis for TRYPLN
Based on our trend formula, TRYPLN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).