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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2019.

Turkish Lira/Euro (FOREX:TRYEUR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
0.157500 0.157680 0.156885 0.157245 -0.000255
Entry Signal

MarketClub’s Trade Triangles for TRYEUR

long term down The long term trend has been DOWN since Jul 3rd, 2017 at 0.246960

intermediate term up The intermediate term trend has been UP since May 30th, 2019 at 0.149550

short term up The short term trend has been UP since Jul 16th, 2019 at 0.156395

Smart Scan Analysis for TRYEUR

Based on a pre-defined weighted trend formula for chart analysis, TRYEUR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for TRYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.157500 0.157680 0.156885 0.157245 -0.000255
Prev. Close Volume Bid Ask Time
0.157500 0.157190 0.157300 2019-07-22 03:34:12
Want to analyze Turkish Lira/Euro TRYEUR or another symbol? Try our Free Forex Trend Analysis Report.