Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
South African Rand/Turkish Lira (FOREX:ZARTRY)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 ZARTRY
The long term trend has been UP since Mar 22nd, 2019 at 0.39858
The intermediate term trend has been UP since Apr 8th, 2019 at 0.40212
The short term trend has been UP since Apr 19th, 2019 at 0.41505
Smart Scan Analysis for ZARTRY
Based on a pre-defined weighted trend formula for chart analysis, ZARTRY scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).