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Forex Trend Analysis Report

Prepared for you on Friday, April 3, 2020.

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
0.255115 0.255745 0.252870 0.253535 -0.001580
Entry Signal

MarketClub’s Trade Triangles for TRYNZD

long term up The long-term trend has been UP since Mar 18th, 2020 at 0.270710

intermediate term down The intermediate-term trend has been DOWN since Mar 30th, 2020 at 0.253725

short term down The short-term trend has been DOWN since Apr 2nd, 2020 at 0.251110

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
0.255115 0.255745 0.252870 0.253535 -0.001580
Prev. Close Volume Bid Ask Time
0.255115 0.252760 0.254310 2020-04-03 17:10:33
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