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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.

FOREX_TRYZAR
Open High Low TRYZAR Price Change
2.0318436 2.0455075 2.0250000 2.0436577 +0.0118140
Entry Signal

MarketClub’s Trade Triangles for TRYZAR

long term down The long-term trend has been DOWN since Jun 5th, 2020 at 2.4862000

intermediate term up The intermediate-term trend has been UP since Dec 28th, 2020 at 1.9515248

short term up 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).

+70
Smart Scan Analysis for TRYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0318436 2.0455075 2.0250000 2.0436577 +0.0118140
Prev. Close Volume Bid Ask Time
2.0318436 2021-01-22 16:59:57
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