In this paper we investigate the statistical properties of the Tully-Fisher relation for a sample of 32 galaxies with measured distances from the Cepheid period-luminosity relation and/or TRGB stars. We take advantage of panchromatic photometry in 12 bands (from FUV to 4.5 $mu$m) and of spatially resolved HI kinematics. We use these data together with three kinematic measures ($W^{i}_{50}$, $V_{max}$ and $V_{flat}$) extracted from the global HI profiles or HI rotation curves, so as to construct 36 correlations allowing us to select the one with the least scatter. We introduce a tightness parameter $sigma_{perp}$ of the TFr, in order to obtain a slope-independent measure of the goodness of fit. We find that the tightest correlation occurs when we select the 3.6 $mu$m photometric band together with the $V_{flat}$ parameter extracted from the HI rotation curve.
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