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Forex Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

Japanese Yen/Turkish Lira (FOREX:JPYTRY)

Crossroads (-60) - JPYTRY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.21024452 0.21092674 0.20976687 0.21056437 +0.00032000
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 down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 0.20979846

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 0.21038327

Smart Scan Analysis for JPYTRY

Based on our trend formula, JPYTRY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for JPYTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21024452 0.21092674 0.20976687 0.21056437 +0.00032000
Prev. Close Volume Bid Ask Time
0.21024452 2024-04-17 21:07:31
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