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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Turkish Lira/Swiss Franc (FOREX:TRYCHF)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

FOREX_TRYCHF
Open High Low TRYCHF Price Change
0.185750 0.187130 0.184955 0.186685 +0.000935
Entry Signal

MarketClub’s Trade Triangles for TRYCHF

long term up The long term trend has been UP since Jan 1st, 2019 at 0.193670

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2019 at 0.182835

short term up The short term trend has been UP since Jan 15th, 2019 at 0.181385

Smart Scan Analysis for TRYCHF

Based on a pre-defined weighted trend formula for chart analysis, TRYCHF scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for TRYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.185750 0.187130 0.184955 0.186685 +0.000935
Prev. Close Volume Bid Ask Time
0.185750 0.186310 0.187060 2019-01-18 18:06:37
Want to analyze Turkish Lira/Swiss Franc TRYCHF or another symbol? Try our Free Forex Trend Analysis Report.