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.
MarketClub’s Trade Triangles for TRYZAR
The long-term trend has been DOWN since Oct 13th, 2021 at 1.6360000
The intermediate-term trend has been UP since Aug 21st, 2022 at 0.9453572
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).