Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
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 Oct 11th, 2021 at 2.4375
The intermediate-term trend has been DOWN since Oct 9th, 2023 at 0.8290
The short-term trend has been UP since Nov 30th, 2023 at 0.7725
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).