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Forex Trend Analysis Report

Prepared for you on Tuesday, July 16, 2019.

Swiss Franc/Turkish Lira (FOREX:CHFTRY)

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_CHFTRY
Open High Low CHFTRY Price Change
5.797250 5.820350 5.765550 5.780695 -0.016555
Entry Signal

MarketClub’s Trade Triangles for CHFTRY

long term up The long term trend has been UP since Mar 22nd, 2019 at 5.72640

intermediate term down The intermediate term trend has been DOWN since Jul 1st, 2019 at 5.79795

short term up The short term trend has been UP since Jul 7th, 2019 at 5.74755

Smart Scan Analysis for CHFTRY

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

-55
Smart Scan Analysis for CHFTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.797250 5.820350 5.765550 5.780695 -0.016555
Prev. Close Volume Bid Ask Time
5.797250 5.776960 5.784430 2019-07-16 22:22:27
Want to analyze Swiss Franc/Turkish Lira CHFTRY or another symbol? Try our Free Forex Trend Analysis Report.