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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Turkish Lira/Swedish Krona (FOREX:TRYSEK)

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_TRYSEK
Open High Low TRYSEK Price Change
1.52415 1.52900 1.52410 1.52900 +0.00485
Entry Signal

MarketClub’s Trade Triangles for TRYSEK

long term down The long term trend has been DOWN since Nov 16th, 2016 at 2.7644

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 1.8550

short term up The short term trend has been UP since Aug 15th, 2018 at 1.4492

Smart Scan Analysis for TRYSEK

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

-75
Smart Scan Analysis for TRYSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.52415 1.52900 1.52410 1.52900 +0.00485
Prev. Close Volume Bid Ask Time
1.52415 1.52710 1.53090 2018-08-19 17:18:47
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