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Forex Trend Analysis Report

Prepared for you on Friday, June 22, 2018.

Turkish Lira/Hungarian Forint (FOREX:TRYHUF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_TRYHUF
Open High Low TRYHUF Price Change
59.2565 59.3705 58.7440 58.9000 -0.3565
Entry Signal

MarketClub’s Trade Triangles for TRYHUF

long term down The long term trend has been DOWN since Jul 3rd, 2017 at 76.4445

intermediate term down The intermediate term trend has been DOWN since May 13th, 2018 at 60.9295

short term up The short term trend has been UP since Jun 21st, 2018 at 59.4545

Smart Scan Analysis for TRYHUF

Based on a pre-defined weighted trend formula for chart analysis, TRYHUF scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for TRYHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.2565 59.3705 58.7440 58.9000 -0.3565
Prev. Close Volume Bid Ask Time
59.2565 58.8720 58.9280 2018-06-22 06:59:05
Want to analyze Turkish Lira/Hungarian Forint TRYHUF or another symbol? Try our Free Forex Trend Analysis Report.