Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)
Strong Uptrend (+100) - NZDTRY is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NZDTRY continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for NZDTRY
The long-term trend has been UP since Oct 11th, 2021 at 6.248950
The intermediate-term trend has been UP since Jul 18th, 2022 at 10.768170
The short-term trend has been UP since Jul 13th, 2022 at 10.706765
Smart Scan Analysis for NZDTRY
Based on our trend formula, NZDTRY is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).