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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 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.

Open High Low TRYISK Price Change
22.2480 22.3200 22.2330 22.3175 +0.0695
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 Jul 10th, 2018 at 22.64430

short term up The short term trend has been UP since Jul 18th, 2018 at 22.28850

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).

Smart Scan Analysis for TRYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.2480 22.3200 22.2330 22.3175 +0.0695
Prev. Close Volume Bid Ask Time
22.2480 22.2500 22.3850 2018-07-18 04:45:31
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