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Forex Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Swiss Franc/Turkish Lira (FOREX:CHFTRY)

Weak Downtrend (-65) - CHFTRY is showing signs of a strengthening downtrend. Monitor CHFTRY as it may be building momentum to the downside.

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
35.246779 35.276565 35.146660 35.179045 -0.067734
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 down The intermediate-term trend has been DOWN since May 22nd, 2024 at 35.138017

short term down The short-term trend has been DOWN since May 17th, 2024 at 35.379200

Smart Scan Analysis for CHFTRY

Based on our trend formula, CHFTRY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.246779 35.276565 35.146660 35.179045 -0.067734
Prev. Close Volume Bid Ask Time
35.246779 2024-05-27 08:59:30
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