Forex Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
Turkish Lira/Swiss Franc (FOREX:TRYCHF)
Weak Downtrend (-65) - TRYCHF is showing signs of a strengthening downtrend. Monitor TRYCHF as it may be building momentum to the downside.
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 UP since Jan 7th, 2021 at 0.12153385
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.12158695
The short-term trend has been DOWN since Feb 22nd, 2021 at 0.12787927
Smart Scan Analysis for TRYCHF
Based on our trend formula, TRYCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).