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Forex Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

Turkish Lira/Czech Koruna (FOREX:TRYCZK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_TRYCZK
Open High Low TRYCZK Price Change
4.8035 4.8420 4.5815 4.6255 -0.1780
Entry Signal

MarketClub’s Trade Triangles for TRYCZK

long term down The long term trend has been DOWN since May 17th, 2017 at 6.6010

intermediate term down The intermediate term trend has been DOWN since May 13th, 2018 at 4.9435

short term down The short term trend has been DOWN since May 9th, 2018 at 4.9510

Smart Scan Analysis for TRYCZK

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

-100
Smart Scan Analysis for TRYCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8035 4.8420 4.5815 4.6255 -0.1780
Prev. Close Volume Bid Ask Time
4.8035 4.6200 4.6310 2018-05-24 21:32:01
Want to analyze Turkish Lira/Czech Koruna TRYCZK or another symbol? Try our Free Forex Trend Analysis Report.