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Forex Trend Analysis Report

Prepared for you on Sunday, April 22, 2018.

Australian Dollar/Turkish Lira (FOREX:AUDTRY)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_AUDTRY
Open High Low AUDTRY Price Change
3.120595 3.127420 3.103970 3.126720 +0.006125
Entry Signal

MarketClub’s Trade Triangles for AUDTRY

long term up The long term trend has been UP since Jul 24th, 2017 at 2.820750

intermediate term up The intermediate term trend has been UP since Mar 12th, 2018 at 3.009650

short term down The short term trend has been DOWN since Apr 17th, 2018 at 3.175955

Smart Scan Analysis for AUDTRY

Based on a pre-defined weighted trend formula for chart analysis, AUDTRY scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for AUDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.120595 3.127420 3.103970 3.126720 +0.006125
Prev. Close Volume Bid Ask Time
3.120595 3.124000 3.129440 2018-04-20 18:33:29
Want to analyze Australian Dollar/Turkish Lira AUDTRY or another symbol? Try our Free Forex Trend Analysis Report.