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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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_NZDTRY
Open High Low NZDTRY Price Change
3.700430 3.759300 3.681065 3.730925 +0.030495
Entry Signal

MarketClub’s Trade Triangles for NZDTRY

long term up The long term trend has been UP since Oct 8th, 2017 at 2.66900

intermediate term down The intermediate term trend has been DOWN since Sep 13th, 2018 at 3.96215

short term down The short term trend has been DOWN since Oct 15th, 2018 at 3.80588

Smart Scan Analysis for NZDTRY

Based on a pre-defined weighted trend formula for chart analysis, NZDTRY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for NZDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.700430 3.759300 3.681065 3.730925 +0.030495
Prev. Close Volume Bid Ask Time
3.700430 3.726140 3.735710 2018-10-19 18:32:45
Want to analyze New Zealand Dollar/Turkish Lira NZDTRY or another symbol? Try our Free Forex Trend Analysis Report.