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Forex Trend Analysis Report

Prepared for you on Wednesday, February 21, 2018.

Australian Dollar/Turkish Lira (FOREX:AUDTRY)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
2.98672 2.99230 2.96508 2.96567 -0.02105
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 down The intermediate term trend has been DOWN since Feb 6th, 2018 at 2.968805

short term up The short term trend has been UP since Feb 20th, 2018 at 3.007345

Smart Scan Analysis for AUDTRY

Based on a pre-defined weighted trend formula for chart analysis, AUDTRY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for AUDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.98672 2.99230 2.96508 2.96567 -0.02105
Prev. Close Volume Bid Ask Time
2.98672 2.96495 2.96639 2018-02-21 14:00:45
Want to analyze Australian Dollar/Turkish Lira AUDTRY or another symbol? Try our Free Forex Trend Analysis Report.