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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Tunisian Dinar/South African Rand (FOREX:TNDZAR)

Crossroads (-60) - TNDZAR 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 TNDZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for TNDZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TNDZAR
Open High Low TNDZAR Price Change
5.7264789 5.7264789 5.7264789 5.7264789 0.0000000
Entry Signal

MarketClub’s Trade Triangles for TNDZAR

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 5.9622015

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2024 at 5.7078076

short term up The short-term trend has been UP since Nov 15th, 2024 at 5.6604799

Smart Scan Analysis for TNDZAR

Based on our trend formula, TNDZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TNDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.7264789 5.7264789 5.7264789 5.7264789 0.0000000
Prev. Close Volume Bid Ask Time
5.7264789 2024-11-19 16:06:34
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