Forex Trend Analysis Report
Prepared for you on Friday, January 27, 2023.
Euro/Turkish Lira (FOREX:EURTRY)
Long-Term Uptrend (+90) - EURTRY is in a strong uptrend that is likely to continue. While EURTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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 UP since Oct 4th, 2022 at 18.601145
The short-term trend has been UP since Jan 18th, 2023 at 20.442105
Smart Scan Analysis for EURTRY
Based on our trend formula, EURTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).