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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.

FOREX_NZDTRY
Open High Low NZDTRY Price Change
4.28135 4.28545 4.27235 4.27975 -0.00160
Entry Signal

MarketClub’s Trade Triangles for NZDTRY

long term up The long-term trend has been UP since Apr 2nd, 2020 at 4.010350

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2020 at 4.128345

short term up 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).

+65
Smart Scan Analysis for NZDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.28135 4.28545 4.27235 4.27975 -0.00160
Prev. Close Volume Bid Ask Time
4.28135 4.27740 4.28210 2020-06-02 01:37:42
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