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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Turkish Lira/Russian Ruble (FOREX:TRYRUB)
Crossroads (-60) - TRYRUB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for TRYRUB
The long-term trend has been UP since Oct 1st, 2024 at 2.7963610
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 2.8383300
The short-term trend has been DOWN since Dec 23rd, 2024 at 2.9055976
Smart Scan Analysis for TRYRUB
Based on our trend formula, TRYRUB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.8713731 | 2.8717058 | 2.8223954 | 2.8346301 | -0.0367430 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.8230306 | 2024-12-24 21:00:04 |