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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Turkish Lira/Singapore Dollar (FOREX:TRYSGD)
Sidelines Mode (+55) - TRYSGD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for TRYSGD
The long-term trend has been DOWN since May 10th, 2022 at 0.09060471
The intermediate-term trend has been UP since Oct 15th, 2024 at 0.03833716
The short-term trend has been DOWN since Nov 17th, 2024 at 0.03874500
Smart Scan Analysis for TRYSGD
Based on our trend formula, TRYSGD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03882381 | 0.03886826 | 0.03870133 | 0.03885137 | +0.00002800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03882381 | 2024-11-20 03:45:30 |