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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)

Sidelines Mode (+55) - NZDTRY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NZDTRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDTRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDTRY
Open High Low NZDTRY Price Change
19.27972 19.32245 19.02205 19.14956 -0.13016
Entry Signal

MarketClub’s Trade Triangles for NZDTRY

long term up The long-term trend has been UP since May 4th, 2023 at 12.321100

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2024 at 19.864450

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 19.054765

Smart Scan Analysis for NZDTRY

Based on our trend formula, NZDTRY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NZDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.27972 19.32245 19.02205 19.14956 -0.13016
Prev. Close Volume Bid Ask Time
19.27972 2024-04-19 17:02:31
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