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Forex Trend Analysis Report

Prepared for you on Monday, April 24, 2017.

Turkish Lira/Hong Kong Dollar (FOREX:TRYHKD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_TRYHKD
Open High Low TRYHKD Price Change
2.14605 2.17875 2.14605 2.17740 +0.03135
Entry Signal

MarketClub’s Trade Triangles for TRYHKD

long term up The long term trend has been UP since Feb 2nd, 2017 at 2.08165

intermediate term up The intermediate term trend has been UP since Mar 27th, 2017 at 2.16370

short term up The short term trend has been UP since Apr 20th, 2017 at 2.13875

Smart Scan Analysis for TRYHKD

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

+100
Smart Scan Analysis for TRYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.14605 2.17875 2.14605 2.17740 +0.03135
Prev. Close Volume Bid Ask Time
2.14605 2.17670 2.17810 2017-04-24 22:51:02
Want to analyze Turkish Lira/Hong Kong Dollar TRYHKD or another symbol? Try our Free Forex Trend Analysis Report.