Forex Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
Turkish Lira/Czech Koruna (FOREX:TRYCZK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for TRYCZK
The long term trend has been DOWN since May 17th, 2017 at 6.6010
The intermediate term trend has been UP since Dec 11th, 2017 at 5.6720
The short term trend has been DOWN since Dec 14th, 2017 at 5.6495
Smart Scan Analysis for TRYCZK
Based on a pre-defined weighted trend formula for chart analysis, TRYCZK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).