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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Turkish Lira/Japanese Yen (FOREX:TRYJPY)

Strong Downtrend (-100) - TRYJPY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
16.5805 16.6370 16.5100 16.5575 -0.0230
Entry Signal

MarketClub’s Trade Triangles for TRYJPY

long term down The long-term trend has been DOWN since Oct 8th, 2017 at 30.634

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 18.063

short term down The short-term trend has been DOWN since Mar 27th, 2020 at 16.837

Smart Scan Analysis for TRYJPY

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

-100
Smart Scan Analysis for TRYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.5805 16.6370 16.5100 16.5575 -0.0230
Prev. Close Volume Bid Ask Time
16.5805 16.5490 16.5660 2020-03-30 05:50:39
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