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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2024.

Turkish Lira/Polish New Zloty (FOREX:TRYPLN)

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

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
0.119100 0.119450 0.118860 0.119285 +0.000185
Entry Signal

MarketClub’s Trade Triangles for TRYPLN

long term down The long-term trend has been DOWN since Sep 23rd, 2021 at 0.447515

intermediate term down The intermediate-term trend has been DOWN since Jun 25th, 2024 at 0.121165

short term up The short-term trend has been UP since Jul 16th, 2024 at 0.119035

Smart Scan Analysis for TRYPLN

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

-75
Smart Scan Analysis for TRYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.119100 0.119450 0.118860 0.119285 +0.000185
Prev. Close Volume Bid Ask Time
0.119100 2024-07-19 16:59:51
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