Forex Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
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.
MarketClub’s Trade Triangles for JPYTRY
The long-term trend has been UP since Dec 1st, 2022 at 0.13642754
The intermediate-term trend has been UP since Sep 18th, 2023 at 0.18675211
The short-term trend has been DOWN since Sep 20th, 2023 at 0.17978003
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).