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Forex Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

Turkish Lira/Swiss Franc (FOREX:TRYCHF)

Sidelines Mode (+55) - TRYCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.06799627 0.06837500 0.06771542 0.06829731 +0.00030100
Entry Signal

MarketClub’s Trade Triangles for TRYCHF

long term down The long-term trend has been DOWN since Oct 8th, 2021 at 0.10373268

intermediate term up The intermediate-term trend has been UP since Dec 21st, 2021 at 0.07507000

short term down The short-term trend has been DOWN since Jan 24th, 2022 at 0.06746050

Smart Scan Analysis for TRYCHF

Based on our trend formula, TRYCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TRYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06799627 0.06837500 0.06771542 0.06829731 +0.00030100
Prev. Close Volume Bid Ask Time
0.06799627 2022-01-27 07:41:17
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