Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)
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.
MarketClub’s Trade Triangles for NZDTRY
The long term trend has been DOWN since Feb 7th, 2019 at 3.525410
The intermediate term trend has been UP since Feb 20th, 2019 at 3.672600
The short term trend has been DOWN since Feb 21st, 2019 at 3.616515
Smart Scan Analysis for NZDTRY
Based on a pre-defined weighted trend formula for chart analysis, NZDTRY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).