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Forex Trend Analysis Report

Prepared for you on Thursday, March 23, 2017.

Turkish Lira/Hong Kong Dollar (FOREX:TRYHKD)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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
2.14800 2.15225 2.14065 2.14090 -0.00710
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 Mar 8th, 2017 at 2.07300

short term down The short term trend has been DOWN since Mar 22nd, 2017 at 2.13415

Smart Scan Analysis for TRYHKD

Based on a pre-defined weighted trend formula for chart analysis, TRYHKD scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for TRYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.14800 2.15225 2.14065 2.14090 -0.00710
Prev. Close Volume Bid Ask Time
2.14800 2.14040 2.14140 2017-03-23 14:07:22
Want to analyze Turkish Lira/Hong Kong Dollar TRYHKD or another symbol? Try our Free Forex Trend Analysis Report.