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Forex Trend Analysis Report

Prepared for you on Saturday, October 20, 2018.

Turkish Lira/Australian Dollar (FOREX:TRYAUD)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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.

Open High Low TRYAUD Price Change
0.24934 0.25066 0.24603 0.24817 -0.00117
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 up The intermediate term trend has been UP since Sep 13th, 2018 at 0.228755

short term up The short term trend has been UP since Oct 9th, 2018 at 0.231680

Smart Scan Analysis for TRYAUD

Based on a pre-defined weighted trend formula for chart analysis, TRYAUD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24934 0.25066 0.24603 0.24817 -0.00117
Prev. Close Volume Bid Ask Time
0.24934 0.24788 0.24846 2018-10-19 18:32:56
Want to analyze Turkish Lira/Australian Dollar TRYAUD or another symbol? Try our Free Forex Trend Analysis Report.