Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

Turkish Lira/Japanese Yen (FOREX:TRYJPY)

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_TRYJPY
Open High Low TRYJPY Price Change
18.048 18.500 17.754 18.221 +0.173
Entry Signal

MarketClub’s Trade Triangles for TRYJPY

long term down The long term trend has been DOWN since Oct 8th, 2017 at 30.634

intermediate term down The intermediate term trend has been DOWN since Jul 11th, 2018 at 23.002

short term up The short term trend has been UP since Aug 15th, 2018 at 18.536

Smart Scan Analysis for TRYJPY

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

-75
Smart Scan Analysis for TRYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.048 18.500 17.754 18.221 +0.173
Prev. Close Volume Bid Ask Time
18.048 18.117 18.325 2018-08-21 17:20:40
Want to analyze Turkish Lira/Japanese Yen TRYJPY or another symbol? Try our Free Forex Trend Analysis Report.