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.
MarketClub’s Trade Triangles for TRYRUB
The long-term trend has been DOWN since Mar 21st, 2021 at 9.1378700
The intermediate-term trend has been UP since Dec 21st, 2021 at 6.0800016
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).