Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
FORZA PETROLEUM LTD (TSE:FORZ)
Long-Term Downtrend (-90) - FORZ is in a strong downtrend that is likely to continue. While FORZ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 May 15th, 2023 at 0.17
The intermediate-term trend has been DOWN since Apr 27th, 2023 at 0.18
The short-term trend has been DOWN since Sep 19th, 2023 at 0.11
Smart Scan Analysis for FORZ
Based on our trend formula, FORZ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).