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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Turkish Lira/Czech Koruna (FOREX:TRYCZK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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_TRYCZK
Open High Low TRYCZK Price Change
4.2410 4.2570 4.2120 4.2525 +0.0115
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 up The intermediate term trend has been UP since Sep 27th, 2018 at 3.638

short term down The short term trend has been DOWN since Dec 3rd, 2018 at 4.363

Smart Scan Analysis for TRYCZK

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

-65
Smart Scan Analysis for TRYCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.2410 4.2570 4.2120 4.2525 +0.0115
Prev. Close Volume Bid Ask Time
4.2410 4.2420 4.2630 2018-12-14 18:06:09
Want to analyze Turkish Lira/Czech Koruna TRYCZK or another symbol? Try our Free Forex Trend Analysis Report.