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Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2023.

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
4.0386012 4.0397018 4.0379332 4.0394893 +0.0008880
Entry Signal

MarketClub’s Trade Triangles for TRYRUB

long term up The long-term trend has been UP since Dec 6th, 2022 at 3.3555953

intermediate term up The intermediate-term trend has been UP since Feb 6th, 2023 at 3.7666987

short term up The short-term trend has been UP since Mar 16th, 2023 at 4.0367314

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
4.0386012 4.0397018 4.0379332 4.0394893 +0.0008880
Prev. Close Volume Bid Ask Time
4.0386012 2023-03-23 00:35:43
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