Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, October 5, 2022.

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
0.9519764 0.9631691 0.9463801 0.9595885 +0.0076120
Entry Signal

MarketClub’s Trade Triangles for TRYZAR

long term down The long-term trend has been DOWN since Oct 13th, 2021 at 1.6360000

intermediate term up The intermediate-term trend has been UP since Aug 21st, 2022 at 0.9453572

short term down The short-term trend has been DOWN since Sep 28th, 2022 at 0.9654000

Smart Scan Analysis for TRYZAR

Based on our trend formula, TRYZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for TRYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9519764 0.9631691 0.9463801 0.9595885 +0.0076120
Prev. Close Volume Bid Ask Time
0.9519764 2022-10-05 13:27:45
Get a free daily analysis and signals for Turkish Lira/South African Rand (TRYZAR) - Request Your Free Report.