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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Turkish Lira/Polish New Zloty (FOREX:TRYPLN)

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_TRYPLN
Open High Low TRYPLN Price Change
0.70818 0.70818 0.70818 0.70818 0.00000
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 Jan 2nd, 2019 at 0.698340

short term up The short term trend has been UP since Jan 15th, 2019 at 0.688795

Smart Scan Analysis for TRYPLN

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

-65
Smart Scan Analysis for TRYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.70818 0.70818 0.70818 0.70818 0.00000
Prev. Close Volume Bid Ask Time
0.70818 0.70803 0.70833 2019-01-19 15:54:44
Want to analyze Turkish Lira/Polish New Zloty TRYPLN or another symbol? Try our Free Forex Trend Analysis Report.