Forex Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
British Pound/Turkish Lira (FOREX:GBPTRY)
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 GBPTRY
The long term trend has been UP since Sep 19th, 2017 at 4.7268
The intermediate term trend has been UP since Jan 14th, 2018 at 5.1569
The short term trend has been UP since Jan 9th, 2018 at 5.1010
Smart Scan Analysis for GBPTRY
Based on a pre-defined weighted trend formula for chart analysis, GBPTRY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).