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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

Turkish Lira/Singapore Dollar (FOREX:TRYSGD)

Strong Downtrend (-100) - TRYSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRYSGD continues to fall. 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
0.04174687 0.04197524 0.04172114 0.04183028 +0.00008300
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 Apr 11th, 2024 at 0.04106500

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 0.04075053

Smart Scan Analysis for TRYSGD

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

-100
Smart Scan Analysis for TRYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04174687 0.04197524 0.04172114 0.04183028 +0.00008300
Prev. Close Volume Bid Ask Time
0.04174687 2024-04-22 19:17:46
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