Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Turkish Lira/South African Rand (FOREX:TRYZAR)
Long-Term Uptrend (+90) - TRYZAR is in a strong uptrend that is likely to continue. While TRYZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Nov 5th, 2023 at 0.7383000
The intermediate-term trend has been UP since Nov 5th, 2023 at 0.6865500
The short-term trend has been UP since Nov 30th, 2023 at 0.6519319
Smart Scan Analysis for TRYZAR
Based on our trend formula, TRYZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).