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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.

Open High Low TRYCZK Price Change
2.5805 2.5880 2.5670 2.5740 -0.0065
Entry Signal

MarketClub’s Trade Triangles for TRYCZK

long term down The long-term trend has been DOWN since Mar 21st, 2021 at 2.7070

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2021 at 2.9295

short term up 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).

Smart Scan Analysis for TRYCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5805 2.5880 2.5670 2.5740 -0.0065
Prev. Close Volume Bid Ask Time
2.5805 2021-05-06 15:40:57
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