Forex Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
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.
MarketClub’s Trade Triangles for AUDTRY
The long term trend has been DOWN since Dec 19th, 2018 at 3.75948
The intermediate term trend has been UP since Jan 2nd, 2019 at 3.90090
The short term trend has been DOWN since Jan 16th, 2019 at 3.91062
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).