Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Turkish Lira/Singapore Dollar (FOREX:TRYSGD)
Strong Downtrend (-100) - TRYSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TRYSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYSGD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRYSGD
The long-term trend has been DOWN since Dec 18th, 2019 at 0.22991386
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 0.22792821
The short-term trend has been DOWN since Feb 19th, 2020 at 0.22914064
Smart Scan Analysis for TRYSGD
Based on our trend formula, TRYSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).