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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.

FOREX_TRYEUR
Open High Low TRYEUR Price Change
0.027395 0.027490 0.027290 0.027295 -0.000100
Entry Signal

MarketClub’s Trade Triangles for TRYEUR

long term down The long-term trend has been DOWN since Feb 4th, 2022 at 0.064190

intermediate term up The intermediate-term trend has been UP since Jan 2nd, 2025 at 0.027590

short term down 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).

-75
Smart Scan Analysis for TRYEUR
Strong Downtrend Sideways 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
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