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Forex Trend Analysis Report

Prepared for you on Wednesday, February 24, 2021.

Turkish Lira/US Dollar (FOREX:TRYUSD)

Weak Uptrend (+65) - TRYUSD is showing signs of weakening momentum to the upside. Monitor TRYUSD as it may be in the beginning stages of a reversal.

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
0.14130606 0.14135500 0.13794056 0.13949357 -0.00181200
Entry Signal

MarketClub’s Trade Triangles for TRYUSD

long term up The long-term trend has been UP since Dec 30th, 2020 at 0.13641500

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2020 at 0.12851489

short term down The short-term trend has been DOWN since Feb 17th, 2021 at 0.14204987

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
0.14130606 0.14135500 0.13794056 0.13949357 -0.00181200
Prev. Close Volume Bid Ask Time
0.14130606 2021-02-24 18:49:23
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