Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
South African Rand/Turkish Lira (FOREX:ZARTRY)
Crossroads (+60) - ZARTRY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZARTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARTRY
The long-term trend has been UP since Jun 5th, 2020 at 0.40231100
The intermediate-term trend has been DOWN since Nov 15th, 2020 at 0.48638400
The short-term trend has been DOWN since Nov 27th, 2020 at 0.51074694
Smart Scan Analysis for ZARTRY
Based on our trend formula, ZARTRY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).