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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)
Sidelines Mode (+55) - TRYNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid TRYNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYNZD.
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 TRYNZD
The long-term trend has been UP since Dec 18th, 2024 at 0.04988
The intermediate-term trend has been DOWN since Jan 20th, 2025 at 0.04970
The short-term trend has been UP since Feb 2nd, 2025 at 0.04988
Smart Scan Analysis for TRYNZD
Based on our trend formula, TRYNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.049165 | 0.049180 | 0.049140 | 0.049175 | +0.000010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.049165 | 2025-02-05 01:02:29 |