Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Turkish Lira/Hong Kong Dollar (FOREX:TRYHKD)

Bear Market Rally (-75) - TRYHKD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYHKD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid TRYHKD?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRYHKD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	TRYHKD Price	Change
0.24035	0.24115	0.24020	0.24085	+0.00050
Entry Signal

MarketClub’s Trade Triangles for TRYHKD

The long-term trend has been DOWN since Mar 13th, 2023 at 0.40965

The intermediate-term trend has been DOWN since Sep 13th, 2023 at 0.28715

The short-term trend has been UP since Apr 19th, 2024 at 0.24160

Smart Scan Analysis for TRYHKD

Based on our trend formula, TRYHKD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.24035	0.24115	0.24020	0.24085	+0.00050
Prev. Close	Volume	Bid	Ask	Time
0.24035				2024-04-25 10:51:50

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