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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Turkish Lira/Singapore Dollar (FOREX:TRYSGD)

Long-Term Downtrend (-90) - TRYSGD is in a strong downtrend that is likely to continue. While TRYSGD is showing intraday strength, it remains in the confines of a bearish trend. 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
0.14111968 0.14159885 0.13917046 0.14010405 -0.00101600
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 Sep 8th, 2021 at 0.15861037

short term down The short-term trend has been DOWN since Oct 6th, 2021 at 0.15273470

Smart Scan Analysis for TRYSGD

Based on our trend formula, TRYSGD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TRYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14111968 0.14159885 0.13917046 0.14010405 -0.00101600
Prev. Close Volume Bid Ask Time
0.14111968 2021-10-22 07:02:01
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