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.
MarketClub’s Trade Triangles for TNDZAR
The long-term trend has been UP since Mar 16th, 2020 at 5.7803601
The intermediate-term trend has been DOWN since May 12th, 2020 at 6.2897377
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).