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Forex Trend Analysis Report

Prepared for you on Monday, June 21, 2021.

Turkish Lira/Japanese Yen (FOREX:TRYJPY)

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

FOREX_TRYJPY
Open High Low TRYJPY Price Change
12.5130 12.6045 12.4980 12.5665 +0.0535
Entry Signal

MarketClub’s Trade Triangles for TRYJPY

long term down The long-term trend has been DOWN since Mar 21st, 2021 at 12.9755

intermediate term up The intermediate-term trend has been UP since Jun 11th, 2021 at 13.1480

short term down The short-term trend has been DOWN since Jun 15th, 2021 at 12.9470

Smart Scan Analysis for TRYJPY

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

-75
Smart Scan Analysis for TRYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.5130 12.6045 12.4980 12.5665 +0.0535
Prev. Close Volume Bid Ask Time
12.5130 2021-06-21 17:52:22
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