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Forex Trend Analysis Report

Prepared for you on Sunday, May 28, 2017.

Turkish Lira/Australian Dollar (FOREX:TRYAUD)

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_TRYAUD
Open High Low TRYAUD Price Change
0.376555 0.377085 0.374635 0.375220 -0.001335
Entry Signal

MarketClub’s Trade Triangles for TRYAUD

long term up The long term trend has been UP since Feb 17th, 2017 at 0.35907

intermediate term up The intermediate term trend has been UP since Mar 24th, 2017 at 0.36281

short term up The short term trend has been UP since May 22nd, 2017 at 0.37577

Smart Scan Analysis for TRYAUD

Based on a pre-defined weighted trend formula for chart analysis, TRYAUD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.376555 0.377085 0.374635 0.375220 -0.001335
Prev. Close Volume Bid Ask Time
0.376555 0.375050 0.375390 2017-05-26 18:43:27
Want to analyze Turkish Lira/Australian Dollar TRYAUD or another symbol? Try our Free Forex Trend Analysis Report.