Forex Trend Analysis Report
Prepared for you on Friday, January 22, 2021.
Turkish Lira/South African Rand (FOREX:TRYZAR)
Bull Market Weakness (+75) - TRYZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TRYZAR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for TRYZAR
The long-term trend has been DOWN since Jun 5th, 2020 at 2.4862000
The intermediate-term trend has been UP since Dec 28th, 2020 at 1.9515248
The short-term trend has been UP since Jan 22nd, 2021 at 2.0349553
Smart Scan Analysis for TRYZAR
Based on our trend formula, TRYZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).