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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)

Sidelines Mode (+50) - TRYNZD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TRYNZD can gain momentum.

Is it time to buy, sell, or avoid ?

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
0.256920 0.257535 0.256615 0.256800 -0.000120
Entry Signal

MarketClub’s Trade Triangles for TRYNZD

long term down The long-term trend has been DOWN since Dec 5th, 2019 at 0.26517

intermediate term up The intermediate-term trend has been UP since Jan 31st, 2020 at 0.25850

short term up The short-term trend has been UP since Feb 17th, 2020 at 0.25732

Smart Scan Analysis for TRYNZD

Based on our trend formula, TRYNZD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for TRYNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.256920 0.257535 0.256615 0.256800 -0.000120
Prev. Close Volume Bid Ask Time
0.256920 0.256620 0.256980 2020-02-17 16:46:02
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