Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
TURKISH LIRA/US DOLLAR JUNE 2021 (ICE:@TRM.M21)
Bear Market Rally (-75) - @TRM.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @TRM.M21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @TRM.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @TRM.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @TRM.M21
The long-term trend has been DOWN since Mar 22nd, 2021 at 0.11734
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.13153
The short-term trend has been UP since Apr 1st, 2021 at 0.11755
Smart Scan Analysis for @TRM.M21
Based on our trend formula, @TRM.M21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.13235||52wk High Date||2021-03-19|
|52wk Low||0.11335||52wk Low Date||2021-03-31|