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Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

Swiss Franc/Turkish Lira (FOREX:CHFTRY)

Countertrend Up (+85) - CHFTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_CHFTRY
Open High Low CHFTRY Price Change
14.955934 14.971444 14.521120 14.664263 -0.291671
Entry Signal

MarketClub’s Trade Triangles for CHFTRY

long term up The long-term trend has been UP since Oct 8th, 2021 at 9.640071

intermediate term up The intermediate-term trend has been UP since Sep 17th, 2021 at 9.296267

short term down The short-term trend has been DOWN since Dec 7th, 2021 at 14.582414

Smart Scan Analysis for CHFTRY

Based on our trend formula, CHFTRY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for CHFTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.955934 14.971444 14.521120 14.664263 -0.291671
Prev. Close Volume Bid Ask Time
14.955934 2021-12-07 23:39:06
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