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Forex Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

Turkish Lira/Polish New Zloty (FOREX:TRYPLN)

Countertrend Down (-85) - TRYPLN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_TRYPLN
Open High Low TRYPLN Price Change
0.44785 0.44786 0.44237 0.44251 -0.00534
Entry Signal

MarketClub’s Trade Triangles for TRYPLN

long term down The long-term trend has been DOWN since Apr 22nd, 2021 at 0.458500

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2021 at 0.498490

short term up The short-term trend has been UP since May 17th, 2021 at 0.446885

Smart Scan Analysis for TRYPLN

Based on our trend formula, TRYPLN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for TRYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.44785 0.44786 0.44237 0.44251 -0.00534
Prev. Close Volume Bid Ask Time
0.44785 2021-05-18 14:06:04
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