Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Turkish Lira/South African Rand (FOREX:TRYZAR)
Crossroads (-60) - TRYZAR 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 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 Feb 4th, 2021 at 2.1144744
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 2.0569796
The short-term trend has been DOWN since Feb 23rd, 2021 at 2.0810450
Smart Scan Analysis for TRYZAR
Based on our trend formula, TRYZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).