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Forex Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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.

FOREX_NZDTRY
Open High Low NZDTRY Price Change
20.551090 20.649600 20.485545 20.503155 -0.047935
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 down The short-term trend has been DOWN since Oct 21st, 2024 at 20.650540

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).

-60
Smart Scan Analysis for NZDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.551090 20.649600 20.485545 20.503155 -0.047935
Prev. Close Volume Bid Ask Time
20.551090 2024-10-25 17:06:08
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