Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Turkish Lira/South African Rand (FOREX:TRYZAR)

Bear Market Rally (-75) - TRYZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TRYZAR as it may be in the beginning 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.

Open	High	Low	TRYZAR Price	Change
0.58460898	0.58531324	0.58270000	0.58377844	-0.00083100
Entry Signal

MarketClub’s Trade Triangles for TRYZAR

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

The intermediate-term trend has been UP since Apr 18th, 2024 at 0.59355000

The short-term trend has been DOWN since Apr 25th, 2024 at 0.58480293

Smart Scan Analysis for TRYZAR

Based on our trend formula, TRYZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.58460898	0.58531324	0.58270000	0.58377844	-0.00083100
Prev. Close	Volume	Bid	Ask	Time
0.58460898				2024-04-26 02:53:05

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