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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2019.

Turkish Lira/Icelandic Krona (FOREX:TRYISK)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_TRYISK
Open High Low TRYISK Price Change
20.6355 20.7205 20.5985 20.7165 +0.0810
Entry Signal

MarketClub’s Trade Triangles for TRYISK

long term down The long term trend has been DOWN since Mar 18th, 2019 at 21.0545

intermediate term down The intermediate term trend has been DOWN since Apr 12th, 2019 at 20.7040

short term down The short term trend has been DOWN since Apr 18th, 2019 at 20.5950

Smart Scan Analysis for TRYISK

Based on a pre-defined weighted trend formula for chart analysis, TRYISK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for TRYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.6355 20.7205 20.5985 20.7165 +0.0810
Prev. Close Volume Bid Ask Time
20.6355 20.6620 20.7710 2019-04-24 14:12:25
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