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Forex Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)

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_TRYNZD
Open High Low TRYNZD Price Change
0.271770 0.273185 0.271595 0.272810 +0.001040
Entry Signal

MarketClub’s Trade Triangles for TRYNZD

long term up The long term trend has been UP since Jul 30th, 2019 at 0.269900

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2019 at 0.272880

short term down The short term trend has been DOWN since Nov 11th, 2019 at 0.272295

Smart Scan Analysis for TRYNZD

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

+60
Smart Scan Analysis for TRYNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.271770 0.273185 0.271595 0.272810 +0.001040
Prev. Close Volume Bid Ask Time
0.271770 0.272690 0.272930 2019-11-18 10:55:36
Want to analyze Turkish Lira/New Zealand Dollar TRYNZD or another symbol? Try our Free Forex Trend Analysis Report.