Future Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
TURKISH LIRA/US DOLLAR SEPTEMBER 2020 (ICE:@TRM.U20)
Strong Downtrend (-100) - @TRM.U20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @TRM.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @TRM.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @TRM.U20
The long-term trend has been DOWN since Feb 7th, 2020 at 0.15668
The intermediate-term trend has been DOWN since Jul 28th, 2020 at 0.14147
The short-term trend has been DOWN since Jul 27th, 2020 at 0.14385
Smart Scan Analysis for @TRM.U20
Based on our trend formula, @TRM.U20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.1453||52wk High Date||2020-06-03|
|52wk Low||0.13495||52wk Low Date||2020-08-07|