Stock Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
FORZA PETROLEUM LTD (TSE:FORZ)
Bear Market Rally (-75) - FORZ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on FORZ as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid FORZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for FORZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FORZ
The long-term trend has been DOWN since Jun 20th, 2022 at 0.185
The intermediate-term trend has been DOWN since Aug 5th, 2022 at 0.155
The short-term trend has been DOWN since Aug 5th, 2022 at 0.165
Smart Scan Analysis for FORZ
Based on our trend formula, FORZ is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).