Forex Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Japanese Yen/Turkish Lira (FOREX:JPYTRY)
Long-Term Uptrend (+90) - JPYTRY is in a strong uptrend that is likely to continue. While JPYTRY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Mar 13th, 2023 at 0.14310987
The short-term trend has been UP since Mar 12th, 2023 at 0.14136306
Smart Scan Analysis for JPYTRY
Based on our trend formula, JPYTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).