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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)

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_TRYNZD
Open High Low TRYNZD Price Change
0.344545 0.349150 0.344035 0.346215 +0.001670
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 down The intermediate term trend has been DOWN since Sep 17th, 2017 at 0.397750

short term up The short term trend has been UP since Apr 15th, 2018 at 0.332695

Smart Scan Analysis for TRYNZD

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

-65
Smart Scan Analysis for TRYNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.344545 0.349150 0.344035 0.346215 +0.001670
Prev. Close Volume Bid Ask Time
0.344545 0.346080 0.346350 2018-04-25 22:04:46
Want to analyze Turkish Lira/New Zealand Dollar TRYNZD or another symbol? Try our Free Forex Trend Analysis Report.