Forex Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
Turkish Lira/Swiss Franc (FOREX:TRYCHF)
Bear Market Rally (-75) - TRYCHF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYCHF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TRYCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRYCHF
The long-term trend has been DOWN since Mar 21st, 2021 at 0.11052928
The intermediate-term trend has been DOWN since Mar 21st, 2021 at 0.12013200
The short-term trend has been UP since May 17th, 2021 at 0.10771408
Smart Scan Analysis for TRYCHF
Based on our trend formula, TRYCHF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).