Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Turkish Lira/British Pound (FOREX:TRYGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_TRYGBP
Open High Low TRYGBP Price Change
0.134500 0.136450 0.125045 0.130405 -0.004095
Entry Signal

MarketClub’s Trade Triangles for TRYGBP

long term down The long term trend has been DOWN since Sep 19th, 2017 at 0.21169

intermediate term down The intermediate term trend has been DOWN since May 14th, 2018 at 0.16918

short term up The short term trend has been UP since Aug 15th, 2018 at 0.12478

Smart Scan Analysis for TRYGBP

Based on a pre-defined weighted trend formula for chart analysis, TRYGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for TRYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.134500 0.136450 0.125045 0.130405 -0.004095
Prev. Close Volume Bid Ask Time
0.134500 0.129990 0.130820 2018-08-17 18:29:59
Want to analyze Turkish Lira/British Pound TRYGBP or another symbol? Try our Free Forex Trend Analysis Report.