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Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

British Pound/Turkish Lira (FOREX:GBPTRY)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

FOREX_GBPTRY
Open High Low GBPTRY Price Change
4.866865 4.915225 4.863400 4.910325 +0.043460
Entry Signal

MarketClub’s Trade Triangles for GBPTRY

long term up The long term trend has been UP since Sep 19th, 2017 at 4.726800

intermediate term up The intermediate term trend has been UP since Sep 12th, 2017 at 4.534600

short term up The short term trend has been UP since Oct 22nd, 2017 at 4.864325

Smart Scan Analysis for GBPTRY

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

+100
Smart Scan Analysis for GBPTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.866865 4.915225 4.863400 4.910325 +0.043460
Prev. Close Volume Bid Ask Time
4.866865 4.909150 4.911500 2017-10-23 16:31:39
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