(Last Updated July 8, 2020)
Welcome to the news page for EURTRY (EURTRY). Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
On EURTRY, there is currently an uptrend on the 90 and 30 day timeframes.
Across several time periods between 20 and 200 days, the trend on EURTRY has remained consistently bullish.
Below is a chart showing EURTRY’s price with its moving averages.
In terms of correlations over the past week for EURTRY, it has demonstrated the strongest correlation with USDSEK. If we zoom out to a two week basis, though, the asset showing the strongest correlation to EURTRY is EURUSD. On the flip side, the asset least correlated with EURTRY over the past week has been ZARJPY, but over the past two weeks, the asset least correlated with EURTRY has been GBPAUD. The chart below illustrates EURTRY against its least correlated assets.
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Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up.
For additional context, note that price has gone up 15 out of the past 30 days.
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
It may be worth observing that eur/try was the worst performer of the 40 members in the forex asset class over the past day.
Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up.
Volatility for eur/try has been contracting over the past two weeks relative to volatility over the past month.
Volatility for eur/try has been contracting over the past two weeks relative to volatility over the past month.
Or to simplify this another way, note that out of the past 10 days eur/try’s price has gone down 6 them.