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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Turkish Lira/Japanese Yen (FOREX:TRYJPY)

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_TRYJPY
Open High Low TRYJPY Price Change
18.601 18.803 18.529 18.573 -0.028
Entry Signal

MarketClub’s Trade Triangles for TRYJPY

long term down The long term trend has been DOWN since Oct 8th, 2017 at 30.6340

intermediate term up The intermediate term trend has been UP since May 30th, 2019 at 18.6100

short term up The short term trend has been UP since Jun 18th, 2019 at 18.5495

Smart Scan Analysis for TRYJPY

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

+60
Smart Scan Analysis for TRYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.601 18.803 18.529 18.573 -0.028
Prev. Close Volume Bid Ask Time
18.601 18.566 18.580 2019-06-24 09:17:19
Want to analyze Turkish Lira/Japanese Yen TRYJPY or another symbol? Try our Free Forex Trend Analysis Report.