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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Turkish Lira/Brazilian Real (FOREX:TRYBRL)

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_TRYBRL
Open High Low TRYBRL Price Change
0.659755 0.667610 0.658855 0.660920 +0.001165
Entry Signal

MarketClub’s Trade Triangles for TRYBRL

long term down The long term trend has been DOWN since Apr 26th, 2019 at 0.659480

intermediate term up The intermediate term trend has been UP since May 20th, 2019 at 0.679615

short term down The short term trend has been DOWN since May 22nd, 2019 at 0.665555

Smart Scan Analysis for TRYBRL

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

+55
Smart Scan Analysis for TRYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.659755 0.667610 0.658855 0.660920 +0.001165
Prev. Close Volume Bid Ask Time
0.659755 0.660580 0.661260 2019-05-24 18:20:25
Want to analyze Turkish Lira/Brazilian Real TRYBRL or another symbol? Try our Free Forex Trend Analysis Report.