Forex Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Turkish Lira/Czech Koruna (FOREX:TRYCZK)
Countertrend Down (-85) - TRYCZK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid TRYCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYCZK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRYCZK
The long-term trend has been DOWN since Mar 21st, 2021 at 2.7070
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 2.9295
The short-term trend has been UP since Apr 15th, 2021 at 2.6965
Smart Scan Analysis for TRYCZK
Based on our trend formula, TRYCZK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).