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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Tunisian Dinar/South African Rand (FOREX:TNDZAR)

Sidelines Mode (+55) - TNDZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
5.1650914 5.2089804 5.1650914 5.2089804 +0.0438890
Entry Signal

MarketClub’s Trade Triangles for TNDZAR

long term up The long-term trend has been UP since Aug 20th, 2021 at 5.3113203

intermediate term down The intermediate-term trend has been DOWN since Oct 13th, 2021 at 5.2556932

short term up The short-term trend has been UP since Oct 21st, 2021 at 5.2076654

Smart Scan Analysis for TNDZAR

Based on our trend formula, TNDZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for TNDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.1650914 5.2089804 5.1650914 5.2089804 +0.0438890
Prev. Close Volume Bid Ask Time
5.1650914 2021-10-21 17:53:21
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