Forex Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Euro/Turkish Lira (FOREX:EURTRY)
Strong Uptrend (+100) - EURTRY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURTRY 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 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 Mar 21st, 2021 at 9.732235
The intermediate-term trend has been UP since Feb 25th, 2021 at 8.886685
The short-term trend has been UP since Apr 19th, 2021 at 9.763235
Smart Scan Analysis for EURTRY
Based on our trend formula, EURTRY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).