Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Turkish Lira/Australian Dollar (FOREX:TRYAUD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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
0.260480 0.261170 0.257375 0.258780 -0.001700
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 Dec 4th, 2018 at 0.251205

short term down The short term trend has been DOWN since Dec 11th, 2018 at 0.258595

Smart Scan Analysis for TRYAUD

Based on a pre-defined weighted trend formula for chart analysis, TRYAUD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.260480 0.261170 0.257375 0.258780 -0.001700
Prev. Close Volume Bid Ask Time
0.260480 0.258670 0.258890 2018-12-11 09:14:40
Want to analyze Turkish Lira/Australian Dollar TRYAUD or another symbol? Try our Free Forex Trend Analysis Report.