Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)
Long-Term Downtrend (-90) - TRYNZD is in a strong downtrend that is likely to continue. While TRYNZD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since May 4th, 2023 at 0.081300
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 0.050505
The short-term trend has been DOWN since Apr 23rd, 2024 at 0.051635
Smart Scan Analysis for TRYNZD
Based on our trend formula, TRYNZD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.051685 | 0.051860 | 0.051490 | 0.051820 | +0.000135 |
Prev. Close | Volume | Bid | Ask | Time |
0.051685 | 2024-04-25 09:01:38 |