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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Turkish Lira/Polish New Zloty (FOREX:TRYPLN)

Strong Downtrend (-100) - TRYPLN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRYPLN continues to fall. Traders should use caution 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
0.123370 0.124000 0.122695 0.123140 -0.000230
Entry Signal

MarketClub’s Trade Triangles for TRYPLN

long term down The long-term trend has been DOWN since Oct 13th, 2021 at 0.436350

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2024 at 0.130745

short term down The short-term trend has been DOWN since Mar 21st, 2024 at 0.121545

Smart Scan Analysis for TRYPLN

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

-100
Smart Scan Analysis for TRYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.123370 0.124000 0.122695 0.123140 -0.000230
Prev. Close Volume Bid Ask Time
0.123370 2024-03-28 18:06:01
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