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Forex Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Tunisian Dinar/South African Rand (FOREX:TNDZAR)

Long-Term Downtrend (-90) - TNDZAR is in a strong downtrend that is likely to continue. While TNDZAR is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_TNDZAR
Open High Low TNDZAR Price Change
5.2245214 5.2245214 5.2245214 5.2245214 0.0000000
Entry Signal

MarketClub’s Trade Triangles for TNDZAR

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 5.9622015

intermediate term down The intermediate-term trend has been DOWN since Jun 18th, 2024 at 5.8538074

short term down The short-term trend has been DOWN since Jun 11th, 2024 at 6.0223638

Smart Scan Analysis for TNDZAR

Based on our trend formula, TNDZAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TNDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.2245214 5.2245214 5.2245214 5.2245214 0.0000000
Prev. Close Volume Bid Ask Time
5.7312783 2024-06-20 16:13:34
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