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Forex Trend Analysis Report

Prepared for you on Thursday, September 21, 2023.

British Pound/Turkish Lira (FOREX:GBPTRY)

Weak Downtrend (-65) - GBPTRY is showing signs of a strengthening downtrend. Monitor GBPTRY as it may be building momentum to the downside.

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
33.32186 33.39893 33.20990 33.24731 -0.07455
Entry Signal

MarketClub’s Trade Triangles for GBPTRY

long term up The long-term trend has been UP since Nov 15th, 2022 at 22.046350

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2023 at 33.942246

short term down The short-term trend has been DOWN since Sep 17th, 2023 at 33.401062

Smart Scan Analysis for GBPTRY

Based on our trend formula, GBPTRY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.32186 33.39893 33.20990 33.24731 -0.07455
Prev. Close Volume Bid Ask Time
33.32186 2023-09-21 05:16:41
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