Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Turkish Lira/South African Rand (FOREX:TRYZAR)

Weak Downtrend (-65) - TRYZAR is showing signs of a strengthening downtrend. Monitor TRYZAR as it may be building momentum to the downside.

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.

FOREX_TRYZAR
Open High Low TRYZAR Price Change
0.55380474 0.55608209 0.55080000 0.55509960 +0.00129500
Entry Signal

MarketClub’s Trade Triangles for TRYZAR

long term down The long-term trend has been DOWN since Dec 15th, 2023 at 0.62674375

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2024 at 0.55827977

short term down The short-term trend has been DOWN since Jul 26th, 2024 at 0.55245000

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).

-70
Smart Scan Analysis for TRYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55380474 0.55608209 0.55080000 0.55509960 +0.00129500
Prev. Close Volume Bid Ask Time
0.55380474 2024-07-26 16:59:56
Get a free daily analysis and signals for Turkish Lira/South African Rand (TRYZAR) - Request Your Free Report.