Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)
Weak Uptrend (+65) - NZDTRY is showing signs of weakening momentum to the upside. Monitor NZDTRY as it may be in the beginning stages of a reversal.
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 UP since Apr 2nd, 2020 at 4.010350
The intermediate-term trend has been DOWN since May 15th, 2020 at 4.128345
The short-term trend has been UP since May 19th, 2020 at 4.166250
Smart Scan Analysis for NZDTRY
Based on our trend formula, NZDTRY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).