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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Tunisian Dinar/South African Rand (FOREX:TNDZAR)

Bear Market Rally (-75) - TNDZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TNDZAR as it may be in the beginning of a reversal.

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
5.9305334 5.9305334 5.9031588 5.9050744 -0.0254590
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 May 30th, 2024 at 5.9317811

short term down The short-term trend has been DOWN since Jun 11th, 2024 at 6.0223638

Smart Scan Analysis for TNDZAR

Based on our trend formula, TNDZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for TNDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.9305334 5.9305334 5.9031588 5.9050744 -0.0254590
Prev. Close Volume Bid Ask Time
5.9305334 2024-06-13 17:34:51
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