Forex Trend Analysis Report
Prepared for you on Wednesday, August 21, 2019.
Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for TRYNZD
The long term trend has been UP since Jul 30th, 2019 at 0.269900
The intermediate term trend has been UP since Jul 1st, 2019 at 0.264970
The short term trend has been DOWN since Aug 19th, 2019 at 0.276965
Smart Scan Analysis for TRYNZD
Based on a pre-defined weighted trend formula for chart analysis, TRYNZD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).