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Forex Trend Analysis Report

Prepared for you on Thursday, June 20, 2019.

Australian Dollar/Turkish Lira (FOREX:AUDTRY)

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_AUDTRY
Open High Low AUDTRY Price Change
3.990460 4.002250 3.961150 3.972095 -0.018365
Entry Signal

MarketClub’s Trade Triangles for AUDTRY

long term up The long term trend has been UP since Mar 22nd, 2019 at 4.002150

intermediate term down The intermediate term trend has been DOWN since May 21st, 2019 at 4.149325

short term down The short term trend has been DOWN since Jun 18th, 2019 at 4.014710

Smart Scan Analysis for AUDTRY

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

-70
Smart Scan Analysis for AUDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.990460 4.002250 3.961150 3.972095 -0.018365
Prev. Close Volume Bid Ask Time
3.990460 3.970570 3.973620 2019-06-20 07:09:48
Want to analyze Australian Dollar/Turkish Lira AUDTRY or another symbol? Try our Free Forex Trend Analysis Report.