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Forex Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
Turkish Lira/Japanese Yen (FOREX:TRYJPY)
Bull Market Weakness (+75) - TRYJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TRYJPY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TRYJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYJPY.
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 TRYJPY
The long-term trend has been DOWN since Jul 24th, 2024 at 4.6230
The intermediate-term trend has been UP since Dec 19th, 2024 at 4.4800
The short-term trend has been UP since Dec 19th, 2024 at 4.4355
Smart Scan Analysis for TRYJPY
Based on our trend formula, TRYJPY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.4710 | 4.4740 | 4.4275 | 4.4450 | -0.0260 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.4710 | 2024-12-20 17:06:16 |