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Forex Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

Turkish Lira/Icelandic Krona (FOREX:TRYISK)

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_TRYISK
Open High Low TRYISK Price Change
26.93935 27.28215 26.91665 27.26385 +0.32450
Entry Signal

MarketClub’s Trade Triangles for TRYISK

long term down The long term trend has been DOWN since Oct 9th, 2017 at 28.57715

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2018 at 27.27375

short term up The short term trend has been UP since Jan 22nd, 2018 at 27.27590

Smart Scan Analysis for TRYISK

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

-75
Smart Scan Analysis for TRYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.93935 27.28215 26.91665 27.26385 +0.32450
Prev. Close Volume Bid Ask Time
26.93935 27.17730 27.35040 2018-01-22 13:19:06
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