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Forex Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

Turkish Lira/Icelandic Krona (FOREX:TRYISK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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
17.5035 17.5765 17.4545 17.5655 +0.0620
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 up The intermediate term trend has been UP since Sep 12th, 2018 at 17.89150

short term up The short term trend has been UP since Sep 20th, 2018 at 17.70600

Smart Scan Analysis for TRYISK

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

+70
Smart Scan Analysis for TRYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.5035 17.5765 17.4545 17.5655 +0.0620
Prev. Close Volume Bid Ask Time
17.5035 17.5150 17.6160 2018-09-21 14:25:33
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