Forex Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)
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 NZDTRY
The long term trend has been UP since Oct 8th, 2017 at 2.6690
The intermediate term trend has been UP since May 15th, 2018 at 3.0426
The short term trend has been UP since Jun 12th, 2018 at 3.1914
Smart Scan Analysis for NZDTRY
Based on a pre-defined weighted trend formula for chart analysis, NZDTRY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).