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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Turkish Lira/South African Rand (FOREX:TRYZAR)

Weak Downtrend (-65) - TRYZAR is showing signs of a strengthening downtrend. Monitor TRYZAR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid TRYZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for TRYZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_TRYZAR
Open High Low TRYZAR Price Change
2.5539500 2.5653964 2.5423051 2.5423051 -0.0116450
Entry Signal

MarketClub’s Trade Triangles for TRYZAR

long term up The long-term trend has been UP since Mar 5th, 2020 at 2.5648482

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2020 at 2.6593500

short term down The short-term trend has been DOWN since May 19th, 2020 at 2.6533736

Smart Scan Analysis for TRYZAR

Based on our trend formula, TRYZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for TRYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5539500 2.5653964 2.5423051 2.5423051 -0.0116450
Prev. Close Volume Bid Ask Time
2.5539500 2.5413508 2.5432593 2020-06-02 04:33:42
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