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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.

FOREX_NZDTRY
Open High Low NZDTRY Price Change
5.39290 5.41705 5.33195 5.40278 +0.00988
Entry Signal

MarketClub’s Trade Triangles for NZDTRY

long term down The long-term trend has been DOWN since Feb 1st, 2021 at 5.177115

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2021 at 5.254100

short term up 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).

+60
Smart Scan Analysis for NZDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.39290 5.41705 5.33195 5.40278 +0.00988
Prev. Close Volume Bid Ask Time
5.39290 2021-03-05 17:00:42
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