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Forex Trend Analysis Report

Prepared for you on Monday, August 20, 2018.

Turkish Lira/Czech Koruna (FOREX:TRYCZK)

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_TRYCZK
Open High Low TRYCZK Price Change
3.7160 3.7580 3.6665 3.6835 -0.0325
Entry Signal

MarketClub’s Trade Triangles for TRYCZK

long term down The long term trend has been DOWN since May 17th, 2017 at 6.601

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 4.671

short term up The short term trend has been UP since Aug 15th, 2018 at 3.599

Smart Scan Analysis for TRYCZK

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

-85
Smart Scan Analysis for TRYCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7160 3.7580 3.6665 3.6835 -0.0325
Prev. Close Volume Bid Ask Time
3.7160 3.6790 3.6880 2018-08-20 10:32:32
Want to analyze Turkish Lira/Czech Koruna TRYCZK or another symbol? Try our Free Forex Trend Analysis Report.