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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)

Crossroads (-60) - TRYNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid TRYNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRYNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TRYNZD
Open High Low TRYNZD Price Change
0.185565 0.187560 0.184725 0.185095 -0.000470
Entry Signal

MarketClub’s Trade Triangles for TRYNZD

long term up The long-term trend has been UP since Feb 1st, 2021 at 0.193160

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2021 at 0.190455

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 0.185185

Smart Scan Analysis for TRYNZD

Based on our trend formula, TRYNZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for TRYNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.185565 0.187560 0.184725 0.185095 -0.000470
Prev. Close Volume Bid Ask Time
0.185565 2021-03-05 17:00:42
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