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Forex Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

Turkish Lira/South African Rand (FOREX:TRYZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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 TRYZAR Price Change
3.74925 3.75835 3.72905 3.74930 +0.00005
Entry Signal

MarketClub’s Trade Triangles for TRYZAR

long term up The long term trend has been UP since May 4th, 2017 at 3.82300

intermediate term up The intermediate term trend has been UP since Jul 31st, 2017 at 3.75745

short term down The short term trend has been DOWN since Aug 14th, 2017 at 3.77055

Smart Scan Analysis for TRYZAR

Based on a pre-defined weighted trend formula for chart analysis, TRYZAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for TRYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.74925 3.75835 3.72905 3.74930 +0.00005
Prev. Close Volume Bid Ask Time
3.74925 3.74500 3.75360 2017-08-17 13:16:39
Want to analyze Turkish Lira/South African Rand TRYZAR or another symbol? Try our Free Forex Trend Analysis Report.