Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
South African Rand/Turkish Lira (FOREX:ZARTRY)
Sidelines Mode (+55) - ZARTRY 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 ZARTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARTRY
The long-term trend has been UP since Jun 5th, 2023 at 1.0970253
The intermediate-term trend has been UP since Sep 25th, 2023 at 1.4652598
The short-term trend has been DOWN since Sep 26th, 2023 at 1.4325760
Smart Scan Analysis for ZARTRY
Based on our trend formula, ZARTRY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).