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.
MarketClub’s Trade Triangles for TRYZAR
The long-term trend has been UP since Mar 5th, 2020 at 2.5648482
The intermediate-term trend has been DOWN since Apr 12th, 2020 at 2.6593500
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).