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Forex Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Swiss Franc/Turkish Lira (FOREX:CHFTRY)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
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MarketClub’s Trade Triangles for CHFTRY
The long term trend has been UP since Mar 22nd, 2019 at 5.7264000
The intermediate term trend has been UP since Dec 9th, 2019 at 5.8506043
The short term trend has been UP since Jan 14th, 2020 at 6.0583645
Smart Scan Analysis for CHFTRY
Based on a pre-defined weighted trend formula for chart analysis, CHFTRY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.1207410 | 6.1434808 | 6.1122906 | 6.1188550 | -0.0018860 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.1207410 | 6.1152900 | 6.1224200 | 2020-01-21 22:53:01 |