Future Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
TURKISH LIRA/$ Dec 2018 (E) (NYBOT:TRM.Z18.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for TRM.Z18.E
The long term trend has been DOWN since Mar 23rd, 2018 at 0.23374
The intermediate term trend has been UP since Sep 14th, 2018 at 0.15283
The short term trend has been UP since Nov 15th, 2018 at 0.17955
Smart Scan Analysis for TRM.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, TRM.Z18.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.1834||Contract High Date||2018-11-07|
|Contract Low||0.1406||Contract Low Date||2018-09-05|
|Open Time||20:00||Close Time||17:00|