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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)
Countertrend Up (+85) - TRYNZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
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MarketClub’s Trade Triangles for TRYNZD
The long-term trend has been UP since Dec 18th, 2024 at 0.049880
The intermediate-term trend has been UP since Oct 9th, 2024 at 0.048030
The short-term trend has been DOWN since Dec 25th, 2024 at 0.050155
Smart Scan Analysis for TRYNZD
Based on our trend formula, TRYNZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.050175 | 0.050610 | 0.050130 | 0.050490 | +0.000315 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.050175 | 2024-12-26 21:43:22 |