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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Australian Dollar/Turkish Lira (FOREX:AUDTRY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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
4.006235 4.156000 4.005155 4.071450 +0.065215
Entry Signal

MarketClub’s Trade Triangles for AUDTRY

long term up The long term trend has been UP since Jul 24th, 2017 at 2.82075

intermediate term down The intermediate term trend has been DOWN since Sep 13th, 2018 at 4.37140

short term up The short term trend has been UP since Oct 23rd, 2018 at 4.06419

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
4.006235 4.156000 4.005155 4.071450 +0.065215
Prev. Close Volume Bid Ask Time
4.006235 4.061800 4.081100 2018-10-23 19:14:12
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