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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Tunisian Dinar/South African Rand (FOREX:TNDZAR)

Sidelines Mode (+50) - TNDZAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TNDZAR can gain momentum.

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
6.0169007 6.0169007 6.0169007 6.0169007 0.0000000
Entry Signal

MarketClub’s Trade Triangles for TNDZAR

long term down The long-term trend has been DOWN since Jul 27th, 2023 at 5.7723840

intermediate term up The intermediate-term trend has been UP since Nov 21st, 2023 at 5.9375013

short term up The short-term trend has been UP since Nov 21st, 2023 at 5.9032063

Smart Scan Analysis for TNDZAR

Based on our trend formula, TNDZAR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for TNDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.0169007 6.0169007 6.0169007 6.0169007 0.0000000
Prev. Close Volume Bid Ask Time
6.0638985 2023-12-07 16:09:36
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