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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_TRYNZD
Open High Low TRYNZD Price Change
0.237445 0.248495 0.236825 0.244525 +0.007080
Entry Signal

MarketClub’s Trade Triangles for TRYNZD

long term down The long term trend has been DOWN since Oct 8th, 2017 at 0.375020

intermediate term up The intermediate term trend has been UP since Sep 13th, 2018 at 0.252325

short term up The short term trend has been UP since Sep 24th, 2018 at 0.244720

Smart Scan Analysis for TRYNZD

Based on a pre-defined weighted trend formula for chart analysis, TRYNZD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for TRYNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.237445 0.248495 0.236825 0.244525 +0.007080
Prev. Close Volume Bid Ask Time
0.237445 0.244020 0.245030 2018-09-24 20:51:51
Want to analyze Turkish Lira/New Zealand Dollar TRYNZD or another symbol? Try our Free Forex Trend Analysis Report.