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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Turkish Lira/Russian Ruble (FOREX:TRYRUB)

Strong Uptrend (+100) - TRYRUB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, TRYRUB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_TRYRUB
Open High Low TRYRUB Price Change
2.8932594 2.9094055 2.8834768 2.9081841 +0.0149250
Entry Signal

MarketClub’s Trade Triangles for TRYRUB

long term up The long-term trend has been UP since Oct 1st, 2024 at 2.7963610

intermediate term up The intermediate-term trend has been UP since Sep 18th, 2024 at 2.7153971

short term up The short-term trend has been UP since Nov 13th, 2024 at 2.8706727

Smart Scan Analysis for TRYRUB

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

+100
Smart Scan Analysis for TRYRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8932594 2.9094055 2.8834768 2.9081841 +0.0149250
Prev. Close Volume Bid Ask Time
2.8932594 2024-11-20 03:41:52
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