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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Turkish Lira/Czech Koruna (FOREX:TRYCZK)

Crossroads (+60) - TRYCZK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_TRYCZK
Open High Low TRYCZK Price Change
0.6950 0.7035 0.6945 0.7005 +0.0055
Entry Signal

MarketClub’s Trade Triangles for TRYCZK

long term down The long-term trend has been DOWN since May 17th, 2022 at 1.4905

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2024 at 0.6720

short term up The short-term trend has been UP since Nov 20th, 2024 at 0.6975

Smart Scan Analysis for TRYCZK

Based on our trend formula, TRYCZK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for TRYCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.6950 0.7035 0.6945 0.7005 +0.0055
Prev. Close Volume Bid Ask Time
0.6950 2024-11-21 18:57:40
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