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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Turkish Lira/New Zealand Dollar (FOREX:TRYNZD)
Crossroads (+60) - TRYNZD is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since May 4th, 2023 at 0.08130
The intermediate-term trend has been UP since Oct 9th, 2024 at 0.04803
The short-term trend has been UP since Nov 21st, 2024 at 0.04964
Smart Scan Analysis for TRYNZD
Based on our trend formula, TRYNZD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04959 | 0.04968 | 0.04943 | 0.04949 | -0.00010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04959 | 2024-11-22 04:01:50 |