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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

British Pound/Turkish Lira (FOREX:GBPTRY)

Sidelines Mode (+55) - GBPTRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
21.754675 21.814246 21.638649 21.658705 -0.095970
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 Jul 18th, 2022 at 20.895927

short term down The short-term trend has been DOWN since Aug 15th, 2022 at 21.722625

Smart Scan Analysis for GBPTRY

Based on our trend formula, GBPTRY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.754675 21.814246 21.638649 21.658705 -0.095970
Prev. Close Volume Bid Ask Time
21.754675 2022-08-15 15:13:01
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