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Forex Trend Analysis Report

Prepared for you on Tuesday, January 15, 2019.

Turkish Lira/South African Rand (FOREX:TRYZAR)

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_TRYZAR
Open High Low TRYZAR Price Change
2.52030 2.54225 2.51620 2.52195 +0.00165
Entry Signal

MarketClub’s Trade Triangles for TRYZAR

long term up The long term trend has been UP since Dec 10th, 2018 at 2.70040

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2019 at 2.61635

short term down The short term trend has been DOWN since Dec 28th, 2018 at 2.72950

Smart Scan Analysis for TRYZAR

Based on a pre-defined weighted trend formula for chart analysis, TRYZAR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for TRYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.52030 2.54225 2.51620 2.52195 +0.00165
Prev. Close Volume Bid Ask Time
2.52030 2.51920 2.52470 2019-01-15 18:36:18
Want to analyze Turkish Lira/South African Rand TRYZAR or another symbol? Try our Free Forex Trend Analysis Report.