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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)

Long-Term Downtrend (-90) - NZDTRY is in a strong downtrend that is likely to continue. While NZDTRY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
19.929760 19.948165 19.759155 19.802395 -0.127365
Entry Signal

MarketClub’s Trade Triangles for NZDTRY

long term down The long-term trend has been DOWN since Dec 15th, 2024 at 20.049200

intermediate term down The intermediate-term trend has been DOWN since Dec 15th, 2024 at 20.066175

short term down The short-term trend has been DOWN since Dec 26th, 2024 at 19.759200

Smart Scan Analysis for NZDTRY

Based on our trend formula, NZDTRY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NZDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.929760 19.948165 19.759155 19.802395 -0.127365
Prev. Close Volume Bid Ask Time
19.929760 2024-12-26 13:46:09
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