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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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
4.005900 4.064295 3.965450 4.044935 +0.039035
Entry Signal

MarketClub’s Trade Triangles for NZDTRY

long term up The long term trend has been UP since Oct 8th, 2017 at 2.669000

intermediate term up The intermediate term trend has been UP since Jul 11th, 2018 at 3.297500

short term down The short term trend has been DOWN since Aug 15th, 2018 at 4.149515

Smart Scan Analysis for NZDTRY

Based on a pre-defined weighted trend formula for chart analysis, NZDTRY scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for NZDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.005900 4.064295 3.965450 4.044935 +0.039035
Prev. Close Volume Bid Ask Time
4.005900 4.040540 4.049330 2018-08-20 06:28:36
Want to analyze New Zealand Dollar/Turkish Lira NZDTRY or another symbol? Try our Free Forex Trend Analysis Report.