Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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.

Open	High	Low	TRYNZD Price	Change
0.051340	0.051615	0.051200	0.051540	+0.000200
Entry Signal

MarketClub’s Trade Triangles for TRYNZD

The long-term trend has been DOWN since May 4th, 2023 at 0.081300

The intermediate-term trend has been UP since Jul 22nd, 2024 at 0.050685

The short-term trend has been UP since Jul 16th, 2024 at 0.050010

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

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.051340	0.051615	0.051200	0.051540	+0.000200
Prev. Close	Volume	Bid	Ask	Time
0.051340				2024-07-26 16:59:56

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