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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 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
5.28020 5.28880 5.27840 5.28345 +0.00325
Entry Signal

MarketClub’s Trade Triangles for CHFTRY

long term down The long term trend has been DOWN since Jan 1st, 2019 at 5.16445

intermediate term down The intermediate term trend has been DOWN since Jan 30th, 2019 at 5.27235

short term up The short term trend has been UP since Feb 7th, 2019 at 5.25485

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
5.28020 5.28880 5.27840 5.28345 +0.00325
Prev. Close Volume Bid Ask Time
5.28020 5.27918 5.28772 2019-02-20 01:54:29
Want to analyze Swiss Franc/Turkish Lira CHFTRY or another symbol? Try our Free Forex Trend Analysis Report.