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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.

FOREX_TRYCHF
Open High Low TRYCHF Price Change
0.10847142 0.10852649 0.10736759 0.10773947 -0.00073200
Entry Signal

MarketClub’s Trade Triangles for TRYCHF

long term down The long-term trend has been DOWN since Mar 21st, 2021 at 0.11052928

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2021 at 0.12013200

short term up 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).

-75
Smart Scan Analysis for TRYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10847142 0.10852649 0.10736759 0.10773947 -0.00073200
Prev. Close Volume Bid Ask Time
0.10847142 2021-05-18 07:32:40
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