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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Japanese Yen/Turkish Lira (FOREX:JPYTRY)

Countertrend Up (+85) - JPYTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_JPYTRY
Open High Low JPYTRY Price Change
0.20575072 0.20622741 0.20515377 0.20613279 +0.00038200
Entry Signal

MarketClub’s Trade Triangles for JPYTRY

long term up The long-term trend has been UP since Nov 19th, 2023 at 0.19279942

intermediate term up The intermediate-term trend has been UP since Jun 4th, 2024 at 0.20992528

short term down The short-term trend has been DOWN since Jun 13th, 2024 at 0.20547923

Smart Scan Analysis for JPYTRY

Based on our trend formula, JPYTRY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for JPYTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20575072 0.20622741 0.20515377 0.20613279 +0.00038200
Prev. Close Volume Bid Ask Time
0.20575072 2024-06-13 12:28:52
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