Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, February 16, 2020.

Turkish Lira/South African Rand (FOREX:TRYZAR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

FOREX_TRYZAR
Open High Low TRYZAR Price Change
2.4721584 2.4725614 2.4480558 2.4615525 -0.0106060
Entry Signal

MarketClub’s Trade Triangles for TRYZAR

long term down The long term trend has been DOWN since Dec 13th, 2019 at 2.4862000

intermediate term up The intermediate term trend has been UP since Jan 13th, 2020 at 2.4469622

short term down The short term trend has been DOWN since Feb 11th, 2020 at 2.4819000

Smart Scan Analysis for TRYZAR

Based on a pre-defined weighted trend formula for chart analysis, TRYZAR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for TRYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4721584 2.4725614 2.4480558 2.4615525 -0.0106060
Prev. Close Volume Bid Ask Time
2.4721584 2.4590762 2.4640287 2020-02-14 17:02:07
Get a free daily report for Turkish Lira/South African Rand (TRYZAR) - Free Trend Analysis Report.