Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Turkish Lira/Australian Dollar (FOREX:TRYAUD)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

FOREX_TRYAUD
Open High Low TRYAUD Price Change
0.247545 0.247640 0.246075 0.247110 -0.000435
Entry Signal

MarketClub’s Trade Triangles for TRYAUD

long term down The long term trend has been DOWN since Dec 18th, 2019 at 0.247160

intermediate term down The intermediate term trend has been DOWN since Dec 9th, 2019 at 0.252525

short term up The short term trend has been UP since Jan 2nd, 2020 at 0.240820

Smart Scan Analysis for TRYAUD

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

-55
Smart Scan Analysis for TRYAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.247545 0.247640 0.246075 0.247110 -0.000435
Prev. Close Volume Bid Ask Time
0.247545 0.246770 0.247450 2020-01-17 17:14:31
Get a free daily report for Turkish Lira/Australian Dollar (TRYAUD) - Free Trend Analysis Report.