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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Chinese Yuan Renminbi/Turkish Lira (FOREX:CNYTRY)
Strong Uptrend (+100) - CNYTRY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CNYTRY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid CNYTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CNYTRY
The long-term trend has been UP since Dec 2nd, 2022 at 2.6546381
The intermediate-term trend has been UP since Jun 17th, 2024 at 4.6212592
The short-term trend has been UP since Jul 24th, 2024 at 4.5624855
Smart Scan Analysis for CNYTRY
Based on our trend formula, CNYTRY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5656908 | 4.5743043 | 4.5382742 | 4.5485128 | -0.0171780 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5656908 | 2024-07-26 17:00:05 |