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Forex Trend Analysis Report

Prepared for you on Monday, May 29, 2017.

Turkish Lira/Hong Kong Dollar (FOREX:TRYHKD)

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_TRYHKD
Open High Low TRYHKD Price Change
2.17975 2.18060 2.17530 2.17605 -0.00370
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 down The intermediate term trend has been DOWN since May 18th, 2017 at 2.14555

short term down The short term trend has been DOWN since May 26th, 2017 at 2.17610

Smart Scan Analysis for TRYHKD

Based on a pre-defined weighted trend formula for chart analysis, TRYHKD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for TRYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.17975 2.18060 2.17530 2.17605 -0.00370
Prev. Close Volume Bid Ask Time
2.17975 2.17570 2.17640 2017-05-29 05:39:06
Want to analyze Turkish Lira/Hong Kong Dollar TRYHKD or another symbol? Try our Free Forex Trend Analysis Report.