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Forex Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Euro/Turkish Lira (FOREX:EURTRY)
Crossroads (+60) - EURTRY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURTRY.
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 EURTRY
The long-term trend has been UP since Oct 12th, 2021 at 10.444390
The intermediate-term trend has been DOWN since Apr 29th, 2024 at 34.371985
The short-term trend has been DOWN since Apr 29th, 2024 at 34.652120
Smart Scan Analysis for EURTRY
Based on our trend formula, EURTRY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.543100 | 34.850360 | 34.516955 | 34.809195 | +0.266095 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.543100 | 2024-05-01 16:59:58 |