Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
TURKISH LIRA/US DOLLAR DECEMBER 2021 (ICE:@TRM.Z21)
Countertrend Down (-85) - @TRM.Z21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid @TRM.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @TRM.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @TRM.Z21
The long-term trend has been DOWN since Oct 14th, 2021 at 0.10594
The intermediate-term trend has been DOWN since Sep 17th, 2021 at 0.11195
The short-term trend has been UP since Oct 21st, 2021 at 0.10445
Smart Scan Analysis for @TRM.Z21
Based on our trend formula, @TRM.Z21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.11345||52wk High Date||2021-09-13|
|52wk Low||0.10025||52wk Low Date||2021-10-25|