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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for TRYZAR
The long-term trend has been DOWN since Dec 15th, 2023 at 0.62674375
The intermediate-term trend has been UP since Nov 11th, 2024 at 0.52100000
The short-term trend has been DOWN since Nov 18th, 2024 at 0.52430000
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.52366633 | 0.52532485 | 0.52155000 | 0.52480000 | +0.00113400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.52366633 | 2024-11-20 03:28:33 |