Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

Turkish Lira/Brazilian Real (FOREX:TRYBRL)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_TRYBRL
Open High Low TRYBRL Price Change
0.660915 0.664160 0.657145 0.662320 +0.001405
Entry Signal

MarketClub’s Trade Triangles for TRYBRL

long term down The long term trend has been DOWN since Apr 26th, 2019 at 0.65948

intermediate term down The intermediate term trend has been DOWN since Jul 12th, 2019 at 0.65515

short term up The short term trend has been UP since Jul 17th, 2019 at 0.66033

Smart Scan Analysis for TRYBRL

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

-75
Smart Scan Analysis for TRYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.660915 0.664160 0.657145 0.662320 +0.001405
Prev. Close Volume Bid Ask Time
0.660915 0.662010 0.662630 2019-07-19 18:21:50
Want to analyze Turkish Lira/Brazilian Real TRYBRL or another symbol? Try our Free Forex Trend Analysis Report.