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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)

Countertrend Up (+85) - NZDTRY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
19.242075 19.529340 19.078200 19.181475 -0.060600
Entry Signal

MarketClub’s Trade Triangles for NZDTRY

long term up The long-term trend has been UP since May 4th, 2023 at 12.32110

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2024 at 19.86445

short term up The short-term trend has been UP since Apr 18th, 2024 at 19.34875

Smart Scan Analysis for NZDTRY

Based on our trend formula, NZDTRY is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for NZDTRY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.242075 19.529340 19.078200 19.181475 -0.060600
Prev. Close Volume Bid Ask Time
19.242075 2024-04-18 23:21:01
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