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Forex Trend Analysis Report

Prepared for you on Monday, May 5, 2025.

Turkish Lira/Russian Ruble (FOREX:TRYRUB)

Countertrend Down (-85) - TRYRUB 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 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.

FOREX_TRYRUB
Open High Low TRYRUB Price Change
2.1575432 2.1575432 2.1575432 2.1575432 0.0000000
Entry Signal

MarketClub’s Trade Triangles for TRYRUB

long term down The long-term trend has been DOWN since Jan 27th, 2025 at 2.7106444

intermediate term down The intermediate-term trend has been DOWN since Apr 14th, 2025 at 2.1819122

short term up The short-term trend has been UP since May 3rd, 2025 at 2.1520570

Smart Scan Analysis for TRYRUB

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

-85
Smart Scan Analysis for TRYRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1575432 2.1575432 2.1575432 2.1575432 0.0000000
Prev. Close Volume Bid Ask Time
2.1575432 2025-05-03 16:46:28
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