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Forex Trend Analysis Report
Prepared for you on Friday, September 29, 2023.
Turkish Lira/Singapore Dollar (FOREX:TRYSGD)
Bear Market Rally (-75) - TRYSGD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYSGD as it may be in the beginning of a reversal.
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 Oct 8th, 2021 at 0.15197753
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 0.04946356
The short-term trend has been UP since Sep 27th, 2023 at 0.05033805
Smart Scan Analysis for TRYSGD
Based on our trend formula, TRYSGD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04972156 | 0.04981257 | 0.04920188 | 0.04978132 | +0.00006000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04972156 | 2023-09-29 10:45:52 |