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Forex Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

Turkish Lira/Czech Koruna (FOREX:TRYCZK)

Strong Downtrend (-100) - TRYCZK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRYCZK continues to fall. Traders should use caution 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.

FOREX_TRYCZK
Open High Low TRYCZK Price Change
0.7095 0.7120 0.7085 0.7085 -0.0010
Entry Signal

MarketClub’s Trade Triangles for TRYCZK

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 2.4375

intermediate term down The intermediate-term trend has been DOWN since May 10th, 2024 at 0.7145

short term down The short-term trend has been DOWN since May 28th, 2024 at 0.7035

Smart Scan Analysis for TRYCZK

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

-100
Smart Scan Analysis for TRYCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7095 0.7120 0.7085 0.7085 -0.0010
Prev. Close Volume Bid Ask Time
0.7095 2024-05-30 03:37:41
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