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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Turkish Lira/Singapore Dollar (FOREX:TRYSGD)

Crossroads (-60) - TRYSGD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.17899443 0.18158281 0.17756531 0.17963948 +0.00064500
Entry Signal

MarketClub’s Trade Triangles for TRYSGD

long term up The long-term trend has been UP since Jan 6th, 2021 at 0.18160884

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.18147874

short term down The short-term trend has been DOWN since Feb 22nd, 2021 at 0.18909412

Smart Scan Analysis for TRYSGD

Based on our trend formula, TRYSGD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TRYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17899443 0.18158281 0.17756531 0.17963948 +0.00064500
Prev. Close Volume Bid Ask Time
0.17899443 2021-02-26 11:58:38
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