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Forex Trend Analysis Report
Prepared for you on Thursday, January 16, 2025.
Turkish Lira/Euro (FOREX:TRYEUR)
Bear Market Rally (-75) - TRYEUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYEUR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TRYEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for TRYEUR
The long-term trend has been DOWN since Feb 4th, 2022 at 0.064190
The intermediate-term trend has been UP since Jan 2nd, 2025 at 0.027590
The short-term trend has been DOWN since Jan 14th, 2025 at 0.027375
Smart Scan Analysis for TRYEUR
Based on our trend formula, TRYEUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.027395 | 0.027490 | 0.027290 | 0.027295 | -0.000100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.027395 | 2025-01-16 20:00:47 |