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.
MarketClub’s Trade Triangles for CHFTRY
The long-term trend has been UP since Oct 8th, 2021 at 9.640071
The intermediate-term trend has been UP since Sep 17th, 2021 at 9.296267
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).