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.
MarketClub’s Trade Triangles for TRYNZD
The long-term trend has been UP since Feb 1st, 2021 at 0.193160
The intermediate-term trend has been DOWN since Feb 24th, 2021 at 0.190455
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).