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Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

Turkish Lira/Swiss Franc (FOREX:TRYCHF)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_TRYCHF
Open High Low TRYCHF Price Change
0.174195 0.175310 0.173995 0.175225 +0.001030
Entry Signal

MarketClub’s Trade Triangles for TRYCHF

long term down The long term trend has been DOWN since Mar 22nd, 2019 at 0.174630

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2019 at 0.171635

short term up The short term trend has been UP since Sep 12th, 2019 at 0.173315

Smart Scan Analysis for TRYCHF

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

-55
Smart Scan Analysis for TRYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.174195 0.175310 0.173995 0.175225 +0.001030
Prev. Close Volume Bid Ask Time
0.174195 0.175170 0.175280 2019-09-18 07:18:08
Want to analyze Turkish Lira/Swiss Franc TRYCHF or another symbol? Try our Free Forex Trend Analysis Report.