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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

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
0.477645 0.479900 0.473980 0.478185 +0.000540
Entry Signal

MarketClub’s Trade Triangles for TRYPLN

long term down The long-term trend has been DOWN since Dec 17th, 2019 at 0.649045

intermediate term up The intermediate-term trend has been UP since Nov 13th, 2020 at 0.498885

short term down The short-term trend has been DOWN since Nov 23rd, 2020 at 0.487495

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
0.477645 0.479900 0.473980 0.478185 +0.000540
Prev. Close Volume Bid Ask Time
0.477645 2020-11-24 04:08:27
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