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.
MarketClub’s Trade Triangles for TRYPLN
The long-term trend has been DOWN since Apr 22nd, 2021 at 0.458500
The intermediate-term trend has been DOWN since Mar 21st, 2021 at 0.498490
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).