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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

Turkish Lira/Hong Kong Dollar (FOREX:TRYHKD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

Open High Low TRYHKD Price Change
1.47515 1.47745 1.46960 1.47555 +0.00040
Entry Signal

MarketClub’s Trade Triangles for TRYHKD

long term down The long term trend has been DOWN since Oct 8th, 2017 at 2.14240

intermediate term up The intermediate term trend has been UP since Jan 23rd, 2019 at 1.48590

short term up The short term trend has been UP since Feb 13th, 2019 at 1.49665

Smart Scan Analysis for TRYHKD

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

Smart Scan Analysis for TRYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.47515 1.47745 1.46960 1.47555 +0.00040
Prev. Close Volume Bid Ask Time
1.47515 1.47350 1.47760 2019-02-22 18:16:52
Want to analyze Turkish Lira/Hong Kong Dollar TRYHKD or another symbol? Try our Free Forex Trend Analysis Report.