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Forex Trend Analysis Report

Prepared for you on Sunday, November 19, 2017.

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
26.56000 26.68150 26.51395 26.68080 +0.12080
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 Sep 27th, 2017 at 30.22220

short term up The short term trend has been UP since Nov 16th, 2017 at 26.82530

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
26.56000 26.68150 26.51395 26.68080 +0.12080
Prev. Close Volume Bid Ask Time
26.56000 26.59650 26.76510 2017-11-17 13:42:36
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