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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Turkish Lira/Russian Ruble (FOREX:TRYRUB)
Countertrend Up (+85) - TRYRUB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for TRYRUB
The long-term trend has been UP since Oct 1st, 2024 at 2.7963610
The intermediate-term trend has been UP since Sep 18th, 2024 at 2.7153971
The short-term trend has been UP since Dec 18th, 2024 at 2.9938206
Smart Scan Analysis for TRYRUB
Based on our trend formula, TRYRUB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.9325152 | 2.9443065 | 2.9325152 | 2.9443065 | +0.0117910 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.9325152 | 2024-12-21 06:23:55 |