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Forex Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

Turkish Lira/Australian Dollar (FOREX:TRYAUD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_TRYAUD
Open High Low TRYAUD Price Change
0.334750 0.334790 0.334545 0.334550 -0.000200
Entry Signal

MarketClub’s Trade Triangles for TRYAUD

long term down The long term trend has been DOWN since Jul 24th, 2017 at 0.354505

intermediate term down The intermediate term trend has been DOWN since Sep 18th, 2017 at 0.360445

short term down The short term trend has been DOWN since Nov 20th, 2017 at 0.338750

Smart Scan Analysis for TRYAUD

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

-100
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.334750 0.334790 0.334545 0.334550 -0.000200
Prev. Close Volume Bid Ask Time
0.334750 0.334450 0.334650 2017-11-23 00:41:43
Want to analyze Turkish Lira/Australian Dollar TRYAUD or another symbol? Try our Free Forex Trend Analysis Report.