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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

US Dollar/Turkish Lira (FOREX:USDTRY)

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

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

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

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

FOREX_USDTRY
Open High Low USDTRY Price Change
38.71900 38.75133 38.70250 38.70250 -0.01650
Entry Signal

MarketClub’s Trade Triangles for USDTRY

long term up The long-term trend has been UP since Nov 10th, 2023 at 28.850300

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2025 at 37.943375

short term up The short-term trend has been UP since May 9th, 2025 at 38.748800

Smart Scan Analysis for USDTRY

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

+65
Smart Scan Analysis for USDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.71900 38.75133 38.70250 38.70250 -0.01650
Prev. Close Volume Bid Ask Time
38.71900 2025-05-09 07:36:11
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