Forex Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
Turkish Lira/South African Rand (FOREX:TRYZAR)
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 TRYZAR
The long term trend has been DOWN since Mar 22nd, 2019 at 2.5085
The intermediate term trend has been UP since Mar 26th, 2019 at 2.6657
The short term trend has been UP since Mar 26th, 2019 at 2.6059
Smart Scan Analysis for TRYZAR
Based on a pre-defined weighted trend formula for chart analysis, TRYZAR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).