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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Turkish Lira/US Dollar (FOREX:TRYUSD)

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

Is it time to buy, sell, or avoid TRYUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRYUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TRYUSD
Open High Low TRYUSD Price Change
0.02582711 0.02583886 0.02580500 0.02583813 +0.00001100
Entry Signal

MarketClub’s Trade Triangles for TRYUSD

long term down The long-term trend has been DOWN since Nov 5th, 2023 at 0.03501500

intermediate term up The intermediate-term trend has been UP since May 7th, 2025 at 0.02636575

short term down The short-term trend has been DOWN since May 8th, 2025 at 0.02585195

Smart Scan Analysis for TRYUSD

Based on our trend formula, TRYUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TRYUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02582711 0.02583886 0.02580500 0.02583813 +0.00001100
Prev. Close Volume Bid Ask Time
0.02582711 2025-05-09 07:36:11
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