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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.

FOREX_EURTRY
Open High Low EURTRY Price Change
20.442000 20.500945 20.426700 20.442935 +0.000935
Entry Signal

MarketClub’s Trade Triangles for EURTRY

long term up The long-term trend has been UP since Oct 12th, 2021 at 10.444390

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2022 at 18.601145

short term up 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).

+90
Smart Scan Analysis for EURTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.442000 20.500945 20.426700 20.442935 +0.000935
Prev. Close Volume Bid Ask Time
20.442000 2023-01-27 08:35:31
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