Forex Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)
Bull Market Weakness (+75) - NZDTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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 Dec 5th, 2019 at 3.772300
The intermediate-term trend has been DOWN since Jan 31st, 2020 at 3.869035
The short-term trend has been UP since Feb 24th, 2020 at 3.891980
Smart Scan Analysis for NZDTRY
Based on our trend formula, NZDTRY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).