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Forex Trend Analysis Report
Prepared for you on Thursday, December 12, 2024.
Turkish Lira/South African Rand (FOREX:TRYZAR)
Strong Downtrend (-100) - TRYZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, TRYZAR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid TRYZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for TRYZAR.
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 TRYZAR
The long-term trend has been DOWN since Dec 15th, 2023 at 0.62674375
The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.51560000
The short-term trend has been DOWN since Nov 29th, 2024 at 0.51975000
Smart Scan Analysis for TRYZAR
Based on our trend formula, TRYZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.50696854 | 0.51066789 | 0.50330000 | 0.50915411 | +0.00218600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.50696854 | 2024-12-12 20:30:22 |