Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
TURKISH LIRA/US DOLLAR SEPTEMBER 2022 (ICE:@TRM.U22)
Long-Term Downtrend (-90) - @TRM.U22 is in a strong downtrend that is likely to continue. While @TRM.U22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @TRM.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @TRM.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @TRM.U22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @TRM.U22
Based on our trend formula, @TRM.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.0555||52wk High Date||2022-06-30|
|52wk Low||0.0508||52wk Low Date||2022-06-08|