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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Turkish Lira/Mexican Peso (FOREX:TRYMXN)
Weak Downtrend (-65) - TRYMXN is showing signs of a strengthening downtrend. Monitor TRYMXN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid TRYMXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYMXN.
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 TRYMXN
The long-term trend has been UP since Jun 3rd, 2024 at 0.55080
The intermediate-term trend has been DOWN since Dec 5th, 2024 at 0.58145
The short-term trend has been DOWN since Dec 20th, 2024 at 0.57340
Smart Scan Analysis for TRYMXN
Based on our trend formula, TRYMXN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.57195 | 0.57380 | 0.57150 | 0.57255 | +0.00060 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.57195 | 2024-12-26 09:35:36 |