Forex Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
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.
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 UP since Dec 21st, 2021 at 1.8455
The short-term trend has been UP since Jan 12th, 2022 at 1.5710
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).