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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Turkish Lira/Euro (FOREX:TRYEUR)

Weak Downtrend (-65) - TRYEUR is showing signs of a strengthening downtrend. Monitor TRYEUR as it may be building momentum to the downside.

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
0.027265 0.027305 0.027240 0.027285 +0.000020
Entry Signal

MarketClub’s Trade Triangles for TRYEUR

long term down The long-term trend has been DOWN since Dec 28th, 2021 at 0.075490

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2024 at 0.027125

short term down The short-term trend has been DOWN since Dec 23rd, 2024 at 0.027200

Smart Scan Analysis for TRYEUR

Based on our trend formula, TRYEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TRYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.027265 0.027305 0.027240 0.027285 +0.000020
Prev. Close Volume Bid Ask Time
0.027265 2024-12-26 05:49:10
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