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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

Turkish Lira/Mexican Peso (FOREX:TRYMXN)

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_TRYMXN
Open High Low TRYMXN Price Change
3.64850 3.65100 3.64175 3.64750 -0.00100
Entry Signal

MarketClub’s Trade Triangles for TRYMXN

long term up The long term trend has been UP since Nov 15th, 2018 at 3.79950

intermediate term up The intermediate term trend has been UP since Jan 30th, 2019 at 3.64485

short term up The short term trend has been UP since Feb 12th, 2019 at 3.66115

Smart Scan Analysis for TRYMXN

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

+100
Smart Scan Analysis for TRYMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.64850 3.65100 3.64175 3.64750 -0.00100
Prev. Close Volume Bid Ask Time
3.64850 3.64390 3.65110 2019-02-17 20:38:58
Want to analyze Turkish Lira/Mexican Peso TRYMXN or another symbol? Try our Free Forex Trend Analysis Report.