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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 2019.

Turkish Lira/Polish New Zloty (FOREX:TRYPLN)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_TRYPLN
Open High Low TRYPLN Price Change
0.689920 0.690505 0.688300 0.688325 -0.001595
Entry Signal

MarketClub’s Trade Triangles for TRYPLN

long term down The long term trend has been DOWN since Jul 20th, 2016 at 1.29150

intermediate term down The intermediate term trend has been DOWN since Feb 26th, 2019 at 0.71463

short term up The short term trend has been UP since Mar 6th, 2019 at 0.70760

Smart Scan Analysis for TRYPLN

Based on a pre-defined weighted trend formula for chart analysis, TRYPLN scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for TRYPLN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.689920 0.690505 0.688300 0.688325 -0.001595
Prev. Close Volume Bid Ask Time
0.689920 0.687970 0.688680 2019-03-20 11:37:50
Want to analyze Turkish Lira/Polish New Zloty TRYPLN or another symbol? Try our Free Forex Trend Analysis Report.