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Forex Trend Analysis Report

Prepared for you on Thursday, September 19, 2019.

Turkish Lira/Euro (FOREX:TRYEUR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_TRYEUR
Open High Low TRYEUR Price Change
0.159430 0.159500 0.158155 0.158455 -0.000975
Entry Signal

MarketClub’s Trade Triangles for TRYEUR

long term down The long term trend has been DOWN since Aug 25th, 2019 at 0.142470

intermediate term down The intermediate term trend has been DOWN since Aug 20th, 2019 at 0.158155

short term up The short term trend has been UP since Sep 12th, 2019 at 0.158940

Smart Scan Analysis for TRYEUR

Based on a pre-defined weighted trend formula for chart analysis, TRYEUR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for TRYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.159430 0.159500 0.158155 0.158455 -0.000975
Prev. Close Volume Bid Ask Time
0.159430 0.158370 0.158540 2019-09-19 14:48:49
Want to analyze Turkish Lira/Euro TRYEUR or another symbol? Try our Free Forex Trend Analysis Report.