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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Euro/Turkish Lira (FOREX:EURTRY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_EURTRY
Open High Low EURTRY Price Change
6.353055 6.361250 6.275515 6.303405 -0.049650
Entry Signal

MarketClub’s Trade Triangles for EURTRY

long term up The long term trend has been UP since Aug 25th, 2019 at 7.035625

intermediate term up The intermediate term trend has been UP since Aug 20th, 2019 at 6.324200

short term down The short term trend has been DOWN since Sep 12th, 2019 at 6.291675

Smart Scan Analysis for EURTRY

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

+55
Smart Scan Analysis for EURTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.353055 6.361250 6.275515 6.303405 -0.049650
Prev. Close Volume Bid Ask Time
6.353055 6.298800 6.308010 2019-09-16 18:11:28
Want to analyze Euro/Turkish Lira EURTRY or another symbol? Try our Free Forex Trend Analysis Report.