Forex Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
Swiss Franc/Turkish Lira (FOREX:CHFTRY)
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 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 +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).