Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
US Dollar/Turkish Lira (FOREX:USDTRY)
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.
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MarketClub’s Trade Triangles for USDTRY
The long term trend has been DOWN since Aug 6th, 2019 at 5.510000
The intermediate term trend has been UP since Aug 19th, 2019 at 5.671900
The short term trend has been UP since Aug 19th, 2019 at 5.606715
Smart Scan Analysis for USDTRY
Based on a pre-defined weighted trend formula for chart analysis, USDTRY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.649100 | 5.748005 | 5.636350 | 5.737750 | +0.088650 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.649100 | 5.736570 | 5.738930 | 2019-08-20 14:30:26 |