Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Turkish Lira/Russian Ruble (FOREX:TRYRUB)
Strong Downtrend (-100) - TRYRUB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRYRUB continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TRYRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TRYRUB
The long-term trend has been DOWN since May 5th, 2022 at 5.3580528
The intermediate-term trend has been DOWN since May 5th, 2022 at 7.6939300
The short-term trend has been DOWN since May 5th, 2022 at 5.3580528
Smart Scan Analysis for TRYRUB
Based on our trend formula, TRYRUB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).