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Forex Trend Analysis Report

Prepared for you on Tuesday, January 25, 2022.

Turkish Lira/Russian Ruble (FOREX:TRYRUB)

Crossroads (+60) - TRYRUB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
5.8549754 5.8927161 5.7849764 5.8392225 -0.0157530
Entry Signal

MarketClub’s Trade Triangles for TRYRUB

long term down The long-term trend has been DOWN since Mar 21st, 2021 at 9.1378700

intermediate term up The intermediate-term trend has been UP since Dec 21st, 2021 at 6.0800016

short term up The short-term trend has been UP since Jan 20th, 2022 at 5.7367200

Smart Scan Analysis for TRYRUB

Based on our trend formula, TRYRUB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TRYRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.8549754 5.8927161 5.7849764 5.8392225 -0.0157530
Prev. Close Volume Bid Ask Time
5.8549754 2022-01-25 23:59:41
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