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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

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
9.887548 9.970425 9.823535 9.864004 -0.023544
Entry Signal

MarketClub’s Trade Triangles for TRYRUB

long term up The long-term trend has been UP since Dec 17th, 2020 at 9.476863

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2021 at 10.378526

short term down The short-term trend has been DOWN since Feb 23rd, 2021 at 10.522913

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
9.887548 9.970425 9.823535 9.864004 -0.023544
Prev. Close Volume Bid Ask Time
9.887548 2021-03-05 17:01:01
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