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Forex Trend Analysis Report

Prepared for you on Saturday, September 23, 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
2.22910 2.24075 2.22860 2.23285 +0.00375
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 Sep 18th, 2017 at 2.24795

short term down The short term trend has been DOWN since Sep 12th, 2017 at 2.28145

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
2.22910 2.24075 2.22860 2.23285 +0.00375
Prev. Close Volume Bid Ask Time
2.22910 2.23150 2.23420 2017-09-22 18:18:55
Want to analyze Turkish Lira/Hong Kong Dollar TRYHKD or another symbol? Try our Free Forex Trend Analysis Report.