Forex Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
Australian Dollar/Turkish Lira (FOREX:AUDTRY)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for AUDTRY
The long term trend has been UP since Jul 24th, 2017 at 2.82075
The intermediate term trend has been UP since May 8th, 2018 at 3.22505
The short term trend has been UP since Jun 12th, 2018 at 3.45415
Smart Scan Analysis for AUDTRY
Based on a pre-defined weighted trend formula for chart analysis, AUDTRY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).