Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

Turkish Lira/South African Rand (FOREX:TRYZAR)

Sidelines Mode (+55) - TRYZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

Open	High	Low	TRYZAR Price	Change
0.9718735	0.9797387	0.9623323	0.9730139	+0.0011400
Entry Signal

MarketClub’s Trade Triangles for TRYZAR

The long-term trend has been DOWN since Oct 13th, 2021 at 1.6360000

The intermediate-term trend has been UP since Jun 27th, 2022 at 0.9569629

The short-term trend has been DOWN since Jul 4th, 2022 at 0.9693267

Smart Scan Analysis for TRYZAR

Based on our trend formula, TRYZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.9718735	0.9797387	0.9623323	0.9730139	+0.0011400
Prev. Close	Volume	Bid	Ask	Time
0.9718735				2022-07-05 20:35:00

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