USD/TRY Up 32 Pips Over Past Hour, 2 Day Up Streak Broken; in an Uptrend Over Past 14 Days
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time.
May 20, 2022 21:50 GMT
Over the past 88 days, USDTRY’s price has been in a clear uptrend, growing by about $0.02 per day.
Over the past 135 days, USDTRY’s price has been in a clear uptrend, growing by about $0.02 per day.
USDTRY’s price has moved up $7.06 over the prior 33 weeks.
USDTRY has a price of $15.9172, up 7.17% from its value 21 days prior.
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+ 500 – Internal server error
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time.
Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
It’s been a feast for bulls operating on an hourly timeframe, as usdtry has now gone up 4 of the past 5 hours.
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time.
Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
I suggest adding to existing shorts @ 15.50-16.50 for the correction to 10.50 – 9.00.
This imputes a buy/sell ratio of 0.4, which is bearish.
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.