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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)

Countertrend Down (-85) - NZDTRY is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid NZDTRY?

MarketClub looks at technical strength and momentum to determine if the timing is right for NZDTRY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NZDTRY
Open High Low NZDTRY Price Change
19.929760 19.948165 19.817940 19.841195 -0.088565
Entry Signal

MarketClub’s Trade Triangles for NZDTRY

long term down The long-term trend has been DOWN since Dec 15th, 2024 at 20.049200

intermediate term down The intermediate-term trend has been DOWN since Dec 15th, 2024 at 20.066175

short term up The short-term trend has been UP since Dec 25th, 2024 at 19.934870

Smart Scan Analysis for NZDTRY

Based on our trend formula, NZDTRY is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for NZDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.929760 19.948165 19.817940 19.841195 -0.088565
Prev. Close Volume Bid Ask Time
19.929760 2024-12-26 08:30:53
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