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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Tunisian Dinar/South African Rand (FOREX:TNDZAR)
Sidelines Mode (+50) - TNDZAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until TNDZAR can gain momentum.
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.
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MarketClub’s Trade Triangles for TNDZAR
The long-term trend has been DOWN since Apr 3rd, 2024 at 5.9622015
The intermediate-term trend has been UP since Apr 18th, 2024 at 6.0662392
The short-term trend has been UP since Apr 16th, 2024 at 5.9730585
Smart Scan Analysis for TNDZAR
Based on our trend formula, TNDZAR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.0591760 | 6.0777643 | 6.0591760 | 6.0777643 | +0.0185880 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.0591760 | 2024-04-18 16:25:53 |