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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Turkish Lira/Euro (FOREX:TRYEUR)
Long-Term Downtrend (-90) - TRYEUR is in a strong downtrend that is likely to continue. While TRYEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 20th, 2022 at 0.064165
The intermediate-term trend has been DOWN since Jan 20th, 2025 at 0.027085
The short-term trend has been DOWN since Feb 5th, 2025 at 0.026765
Smart Scan Analysis for TRYEUR
Based on our trend formula, TRYEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.026795 | 0.026815 | 0.026675 | 0.026735 | -0.000060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.026795 | 2025-02-05 08:51:41 |