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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

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.

FOREX_TRYSGD
Open High Low TRYSGD Price Change
0.07678561 0.07688193 0.07667884 0.07681691 +0.00003100
Entry Signal

MarketClub’s Trade Triangles for TRYSGD

long term down The long-term trend has been DOWN since Oct 8th, 2021 at 0.15197753

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2022 at 0.07987148

short term up The short-term trend has been UP since Aug 15th, 2022 at 0.07693189

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).

-75
Smart Scan Analysis for TRYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07678561 0.07688193 0.07667884 0.07681691 +0.00003100
Prev. Close Volume Bid Ask Time
0.07678561 2022-08-16 07:07:08
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