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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Turkish Lira/Singapore Dollar (FOREX:TRYSGD)

Weak Downtrend (-65) - TRYSGD is showing signs of a strengthening downtrend. Monitor TRYSGD as it may be building momentum to the downside.

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
0.03835686 0.03838167 0.03807135 0.03812192 -0.00023500
Entry Signal

MarketClub’s Trade Triangles for TRYSGD

long term up The long-term trend has been UP since Dec 24th, 2024 at 0.03925744

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 0.03828116

short term down The short-term trend has been DOWN since Jan 19th, 2025 at 0.03835724

Smart Scan Analysis for TRYSGD

Based on our trend formula, TRYSGD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TRYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03835686 0.03838167 0.03807135 0.03812192 -0.00023500
Prev. Close Volume Bid Ask Time
0.03835686 2025-01-20 09:45:41
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