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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.

FOREX_TRYZAR
Open High Low TRYZAR Price Change
2.0303897 2.0340699 2.0159652 2.0324410 +0.0020510
Entry Signal

MarketClub’s Trade Triangles for TRYZAR

long term up The long-term trend has been UP since Feb 4th, 2021 at 2.1144744

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 2.0569796

short term down 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).

-60
Smart Scan Analysis for TRYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0303897 2.0340699 2.0159652 2.0324410 +0.0020510
Prev. Close Volume Bid Ask Time
2.0303897 2021-02-26 04:56:16
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