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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.

FOREX_TRYSGD
Open High Low TRYSGD Price Change
0.22911716 0.22922437 0.22751342 0.22824507 -0.00087200
Entry Signal

MarketClub’s Trade Triangles for TRYSGD

long term down The long-term trend has been DOWN since Dec 18th, 2019 at 0.22991386

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 0.22792821

short term down 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).

-100
Smart Scan Analysis for TRYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.22911716 0.22922437 0.22751342 0.22824507 -0.00087200
Prev. Close Volume Bid Ask Time
0.22911716 0.22822551 0.22826462 2020-02-24 23:21:01
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