Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Turkish Lira/Hong Kong Dollar (FOREX:TRYHKD)

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_TRYHKD
Open High Low TRYHKD Price Change
1.46640 1.47070 1.44555 1.45765 -0.00875
Entry Signal

MarketClub’s Trade Triangles for TRYHKD

long term down The long term trend has been DOWN since Oct 8th, 2017 at 2.1424

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 1.3035

short term down The short term trend has been DOWN since Dec 3rd, 2018 at 1.4897

Smart Scan Analysis for TRYHKD

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

-75
Smart Scan Analysis for TRYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.46640 1.47070 1.44555 1.45765 -0.00875
Prev. Close Volume Bid Ask Time
1.46640 1.45550 1.45980 2018-12-11 18:16:33
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