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Forex Trend Analysis Report

Prepared for you on Wednesday, January 17, 2018.

New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

FOREX_NZDTRY
Open High Low NZDTRY Price Change
2.752915 2.779425 2.751335 2.778295 +0.025380
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 up The intermediate term trend has been UP since Jan 10th, 2018 at 2.71625

short term up The short term trend has been UP since Jan 8th, 2018 at 2.69290

Smart Scan Analysis for NZDTRY

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

+100
Smart Scan Analysis for NZDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.752915 2.779425 2.751335 2.778295 +0.025380
Prev. Close Volume Bid Ask Time
2.752915 2.777620 2.778970 2018-01-17 06:00:33
Want to analyze New Zealand Dollar/Turkish Lira NZDTRY or another symbol? Try our Free Forex Trend Analysis Report.