Forex Trend Analysis Report
Prepared for you on Sunday, January 17, 2021.
Turkish Lira/Euro (FOREX:TRYEUR)
Long-Term Uptrend (+90) - TRYEUR is in a strong uptrend that is likely to continue. While TRYEUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for TRYEUR
The long-term trend has been UP since Jan 7th, 2021 at 0.112495
The intermediate-term trend has been UP since Dec 24th, 2020 at 0.107760
The short-term trend has been UP since Jan 14th, 2021 at 0.111320
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).