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Forex Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

Turkish Lira/US Dollar (FOREX:TRYUSD)

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.

Open High Low TRYUSD Price Change
0.16985 0.17383 0.16969 0.17299 +0.00314
Entry Signal

MarketClub’s Trade Triangles for TRYUSD

long term down The long term trend has been DOWN since Oct 8th, 2017 at 0.274220

intermediate term up The intermediate term trend has been UP since Sep 27th, 2018 at 0.166005

short term up The short term trend has been UP since Oct 9th, 2018 at 0.163880

Smart Scan Analysis for TRYUSD

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

Smart Scan Analysis for TRYUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.16985 0.17383 0.16969 0.17299 +0.00314
Prev. Close Volume Bid Ask Time
0.16985 0.17296 0.17302 2018-10-15 15:45:42
Want to analyze Turkish Lira/US Dollar TRYUSD or another symbol? Try our Free Forex Trend Analysis Report.