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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Turkish Lira/Russian Ruble (FOREX:TRYRUB)
Countertrend Down (-85) - TRYRUB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Jan 27th, 2025 at 2.7106444
The intermediate-term trend has been DOWN since Apr 14th, 2025 at 2.1819122
The short-term trend has been UP since May 8th, 2025 at 2.1474783
Smart Scan Analysis for TRYRUB
Based on our trend formula, TRYRUB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.1236790 | 2.1615002 | 2.1236790 | 2.1525990 | +0.0289200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.1236790 | 2025-05-09 07:12:23 |