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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Tunisian Dinar/South African Rand (FOREX:TNDZAR)

Weak Downtrend (-65) - TNDZAR is showing signs of a strengthening downtrend. Monitor TNDZAR as it may be building momentum to the downside.

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
6.0567316 6.0650650 6.0537139 6.0650650 +0.0083330
Entry Signal

MarketClub’s Trade Triangles for TNDZAR

long term up The long-term trend has been UP since Mar 16th, 2020 at 5.7803601

intermediate term down The intermediate-term trend has been DOWN since May 12th, 2020 at 6.2897377

short term down The short-term trend has been DOWN since Apr 27th, 2020 at 6.5529687

Smart Scan Analysis for TNDZAR

Based on our trend formula, TNDZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TNDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.0567316 6.0650650 6.0537139 6.0650650 +0.0083330
Prev. Close Volume Bid Ask Time
6.0567316 6.0571229 6.0730070 2020-06-01 16:49:37
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