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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 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 negative trend to resume. Downtrend 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
0.360500 0.361125 0.358020 0.359045 -0.001455
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 up The short term trend has been UP since Sep 22nd, 2017 at 0.360775

Smart Scan Analysis for TRYAUD

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

-85
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.360500 0.361125 0.358020 0.359045 -0.001455
Prev. Close Volume Bid Ask Time
0.360500 0.358740 0.359350 2017-09-22 18:44:36
Want to analyze Turkish Lira/Australian Dollar TRYAUD or another symbol? Try our Free Forex Trend Analysis Report.