Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
New Zealand Dollar/Turkish Lira (FOREX:NZDTRY)
Long-Term Uptrend (+90) - NZDTRY is in a strong uptrend that is likely to continue. While NZDTRY 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 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 May 4th, 2023 at 12.32110
The intermediate-term trend has been UP since Sep 25th, 2023 at 16.27759
The short-term trend has been UP since Nov 10th, 2023 at 17.00445
Smart Scan Analysis for NZDTRY
Based on our trend formula, NZDTRY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).