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Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

Euro/Turkish Lira (FOREX:EURTRY)

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.

FOREX_EURTRY
Open High Low EURTRY Price Change
5.995525 6.023600 5.988300 6.013285 +0.017760
Entry Signal

MarketClub’s Trade Triangles for EURTRY

long term up The long term trend has been UP since Apr 10th, 2016 at 3.315700

intermediate term down The intermediate term trend has been DOWN since Jan 23rd, 2019 at 6.024135

short term up The short term trend has been UP since Feb 18th, 2019 at 6.012265

Smart Scan Analysis for EURTRY

Based on a pre-defined weighted trend formula for chart analysis, EURTRY scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for EURTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.995525 6.023600 5.988300 6.013285 +0.017760
Prev. Close Volume Bid Ask Time
5.995525 6.011860 6.014710 2019-02-19 06:29:12
Want to analyze Euro/Turkish Lira EURTRY or another symbol? Try our Free Forex Trend Analysis Report.