Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South African Rand/ (FOREX:ZARGHS)
Strong Uptrend (+100) - ZARGHS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARGHS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ZARGHS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARGHS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARGHS
The long-term trend has been UP since Nov 6th, 2023 at 0.63604504
The intermediate-term trend has been UP since Apr 29th, 2024 at 0.72420530
The short-term trend has been UP since Apr 26th, 2024 at 0.70238850
Smart Scan Analysis for ZARGHS
Based on our trend formula, ZARGHS is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7445597 | 0.7445597 | 0.7445597 | 0.7445597 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7445597 | 2024-05-08 07:26:30 |