Forex Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
Turkish Lira/US Dollar (FOREX:TRYUSD)
Strong Downtrend (-100) - TRYUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for TRYUSD
The long-term trend has been DOWN since Sep 24th, 2021 at 0.11357500
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 0.11742895
The short-term trend has been DOWN since Nov 3rd, 2021 at 0.10401000
Smart Scan Analysis for TRYUSD
Based on our trend formula, TRYUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).