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.
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).