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Forex Trend Analysis Report

Prepared for you on Wednesday, August 22, 2018.

Turkish Lira/Polish New Zloty (FOREX:TRYPLN)

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_TRYPLN
Open High Low TRYPLN Price Change
0.609595 0.610145 0.609475 0.609995 +0.000400
Entry Signal

MarketClub’s Trade Triangles for TRYPLN

long term down The long term trend has been DOWN since Jul 20th, 2016 at 1.291500

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 0.777605

short term up The short term trend has been UP since Aug 15th, 2018 at 0.602010

Smart Scan Analysis for TRYPLN

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

-75
Smart Scan Analysis for TRYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.609595 0.610145 0.609475 0.609995 +0.000400
Prev. Close Volume Bid Ask Time
0.609595 0.608890 0.611100 2018-08-22 03:21:40
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