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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Turkish Lira/Swiss Franc (FOREX:TRYCHF)

Long-Term Downtrend (-90) - TRYCHF is in a strong downtrend that is likely to continue. While TRYCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

FOREX_TRYCHF
Open High Low TRYCHF Price Change
0.14303399 0.14494500 0.14291591 0.14419978 +0.00116600
Entry Signal

MarketClub’s Trade Triangles for TRYCHF

long term down The long-term trend has been DOWN since Mar 22nd, 2019 at 0.17463000

intermediate term down The intermediate-term trend has been DOWN since Dec 9th, 2019 at 0.17090564

short term down The short-term trend has been DOWN since Mar 27th, 2020 at 0.14941502

Smart Scan Analysis for TRYCHF

Based on our trend formula, TRYCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TRYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.14303399 0.14494500 0.14291591 0.14419978 +0.00116600
Prev. Close Volume Bid Ask Time
0.14303399 0.14408153 0.14431802 2020-04-09 07:31:34
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