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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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.

FOREX_TRYZAR
Open High Low TRYZAR Price Change
0.53154491 0.53780391 0.52480000 0.53585481 +0.00431000
Entry Signal

MarketClub’s Trade Triangles for TRYZAR

long term up The long-term trend has been UP since Dec 25th, 2024 at 0.53537347

intermediate term up The intermediate-term trend has been UP since Dec 23rd, 2024 at 0.52696079

short term up The short-term trend has been UP since Dec 15th, 2024 at 0.51354031

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).

+90
Smart Scan Analysis for TRYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53154491 0.53780391 0.52480000 0.53585481 +0.00431000
Prev. Close Volume Bid Ask Time
0.53154491 2024-12-26 17:14:52
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