Forex Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
Tunisian Dinar/South African Rand (FOREX:TNDZAR)
Strong Downtrend (-100) - TNDZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TNDZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TNDZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TNDZAR
The long-term trend has been DOWN since Jul 21st, 2020 at 5.8457009
The intermediate-term trend has been DOWN since Sep 4th, 2020 at 6.2276868
The short-term trend has been DOWN since Nov 3rd, 2020 at 5.8780311
Smart Scan Analysis for TNDZAR
Based on our trend formula, TNDZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).