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Forex Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

British Pound/Turkish Lira (FOREX:GBPTRY)

Bull Market Weakness (+75) - GBPTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPTRY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GBPTRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPTRY
Open High Low GBPTRY Price Change
12.856902 12.901110 12.682684 12.741878 -0.115024
Entry Signal

MarketClub’s Trade Triangles for GBPTRY

long term up The long-term trend has been UP since Oct 8th, 2021 at 12.178610

intermediate term up The intermediate-term trend has been UP since Sep 16th, 2021 at 11.765119

short term down The short-term trend has been DOWN since Oct 20th, 2021 at 12.693120

Smart Scan Analysis for GBPTRY

Based on our trend formula, GBPTRY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.856902 12.901110 12.682684 12.741878 -0.115024
Prev. Close Volume Bid Ask Time
12.856902 2021-10-20 12:54:43
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