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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)

Weak Downtrend (-65) - TRYNZD is showing signs of a strengthening downtrend. Monitor TRYNZD as it may be building momentum to the downside.

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

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

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

FOREX_TRYNZD
Open High Low TRYNZD Price Change
0.052460 0.052465 0.052300 0.052390 -0.000070
Entry Signal

MarketClub’s Trade Triangles for TRYNZD

long term down The long-term trend has been DOWN since May 4th, 2023 at 0.081300

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 0.050505

short term up The short-term trend has been UP since Apr 12th, 2024 at 0.051905

Smart Scan Analysis for TRYNZD

Based on our trend formula, TRYNZD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TRYNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.052460 0.052465 0.052300 0.052390 -0.000070
Prev. Close Volume Bid Ask Time
0.052460 2024-04-16 02:45:14
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