Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)
Crossroads (+60) - NZDTRY is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for NZDTRY
The long-term trend has been DOWN since Feb 1st, 2021 at 5.177115
The intermediate-term trend has been UP since Feb 24th, 2021 at 5.254100
The short-term trend has been UP since Mar 3rd, 2021 at 5.404700
Smart Scan Analysis for NZDTRY
Based on our trend formula, NZDTRY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).