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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 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
20.271265 20.347750 20.224605 20.231195 -0.040070
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 down The intermediate-term trend has been DOWN since Oct 9th, 2024 at 20.822165

short term up The short-term trend has been UP since Nov 18th, 2024 at 20.353850

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
20.271265 20.347750 20.224605 20.231195 -0.040070
Prev. Close Volume Bid Ask Time
20.271265 2024-11-21 07:03:39
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