Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Turkish Lira/US Dollar (FOREX:TRYUSD)
Strong Downtrend (-100) - TRYUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRYUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TRYUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for TRYUSD
The long-term trend has been DOWN since Nov 5th, 2023 at 0.03501500
The intermediate-term trend has been DOWN since Nov 1st, 2024 at 0.02909000
The short-term trend has been DOWN since Feb 2nd, 2025 at 0.02786059
Smart Scan Analysis for TRYUSD
Based on our trend formula, TRYUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02776821 | 0.02784430 | 0.02775411 | 0.02780404 | +0.00003600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02776821 | 2025-02-04 23:01:44 |