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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_TRYNZD
Open High Low TRYNZD Price Change
0.256920 0.257305 0.256665 0.257295 +0.000375
Entry Signal

MarketClub’s Trade Triangles for TRYNZD

long term down The long term trend has been DOWN since Dec 5th, 2019 at 0.26517

intermediate term up The intermediate term trend has been UP since Jan 31st, 2020 at 0.25850

short term down The short term trend has been DOWN since Feb 11th, 2020 at 0.25910

Smart Scan Analysis for TRYNZD

Based on a pre-defined weighted trend formula for chart analysis, TRYNZD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for TRYNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.256920 0.257305 0.256665 0.257295 +0.000375
Prev. Close Volume Bid Ask Time
0.256920 0.257210 0.257380 2020-02-17 01:22:27
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