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Forex Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

Turkish Lira/Polish New Zloty (FOREX:TRYPLN)

Sidelines Mode (+55) - TRYPLN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.116905 0.117100 0.115905 0.116095 -0.000810
Entry Signal

MarketClub’s Trade Triangles for TRYPLN

long term up The long-term trend has been UP since Nov 22nd, 2024 at 0.120610

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2024 at 0.116885

short term up The short-term trend has been UP since Dec 18th, 2024 at 0.116440

Smart Scan Analysis for TRYPLN

Based on our trend formula, TRYPLN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TRYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.116905 0.117100 0.115905 0.116095 -0.000810
Prev. Close Volume Bid Ask Time
0.116905 2024-12-20 17:06:11
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