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Forex Trend Analysis Report

Prepared for you on Thursday, April 19, 2018.

Turkish Lira/Icelandic Krona (FOREX:TRYISK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
24.73540 24.73975 24.67305 24.70405 -0.03135
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 Apr 17th, 2018 at 24.21260

Smart Scan Analysis for TRYISK

Based on a pre-defined weighted trend formula for chart analysis, TRYISK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for TRYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.73540 24.73975 24.67305 24.70405 -0.03135
Prev. Close Volume Bid Ask Time
24.73540 24.62350 24.78460 2018-04-19 05:32:49
Want to analyze Turkish Lira/Icelandic Krona TRYISK or another symbol? Try our Free Forex Trend Analysis Report.