Forex Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.
MarketClub’s Trade Triangles for TRYNZD
The long term trend has been UP since Feb 6th, 2019 at 0.283565
The intermediate term trend has been UP since Feb 6th, 2019 at 0.281245
The short term trend has been UP since Feb 21st, 2019 at 0.276520
Smart Scan Analysis for TRYNZD
Based on a pre-defined weighted trend formula for chart analysis, TRYNZD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).