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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Turkish Lira/Icelandic Krona (FOREX:TRYISK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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
21.7350 21.8145 21.6780 21.7320 -0.0030
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 Aug 22nd, 2019 at 21.6070

short term down The short term trend has been DOWN since Sep 16th, 2019 at 21.6785

Smart Scan Analysis for TRYISK

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

-100
Smart Scan Analysis for TRYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.7350 21.8145 21.6780 21.7320 -0.0030
Prev. Close Volume Bid Ask Time
21.7350 21.6760 21.7880 2019-09-20 12:02:33
Want to analyze Turkish Lira/Icelandic Krona TRYISK or another symbol? Try our Free Forex Trend Analysis Report.