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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

British Pound/Turkish Lira (FOREX:GBPTRY)

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_GBPTRY
Open High Low GBPTRY Price Change
5.71271 5.72960 5.66520 5.70470 -0.00801
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 Mar 12th, 2018 at 5.333365

short term down The short term trend has been DOWN since Apr 18th, 2018 at 5.819750

Smart Scan Analysis for GBPTRY

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

+55
Smart Scan Analysis for GBPTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.71271 5.72960 5.66520 5.70470 -0.00801
Prev. Close Volume Bid Ask Time
5.71271 5.69860 5.71080 2018-04-21 11:01:03
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