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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

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
0.03345799 0.03358500 0.03342505 0.03345445 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for TRYSGD

long term down The long-term trend has been DOWN since Feb 4th, 2025 at 0.03753987

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2025 at 0.03451023

short term up The short-term trend has been UP since May 7th, 2025 at 0.03398500

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
0.03345799 0.03358500 0.03342505 0.03345445 -0.00000400
Prev. Close Volume Bid Ask Time
0.03345799 2025-05-09 07:12:00
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