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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

Turkish Lira/British Pound (FOREX:TRYGBP)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_TRYGBP
Open High Low TRYGBP Price Change
0.141450 0.141685 0.140310 0.140780 -0.000670
Entry Signal

MarketClub’s Trade Triangles for TRYGBP

long term up The long term trend has been UP since Jul 1st, 2019 at 0.140110

intermediate term up The intermediate term trend has been UP since May 20th, 2019 at 0.130605

short term up The short term trend has been UP since Jul 16th, 2019 at 0.140540

Smart Scan Analysis for TRYGBP

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

+100
Smart Scan Analysis for TRYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.141450 0.141685 0.140310 0.140780 -0.000670
Prev. Close Volume Bid Ask Time
0.141450 0.140730 0.140830 2019-07-18 12:08:46
Want to analyze Turkish Lira/British Pound TRYGBP or another symbol? Try our Free Forex Trend Analysis Report.