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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South African Rand/Uruguayan Peso (FOREX:ZARUYU)
Sidelines Mode (+55) - ZARUYU is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZARUYU?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARUYU.
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 ZARUYU
The long-term trend has been DOWN since Feb 22nd, 2024 at 2.0441245
The intermediate-term trend has been UP since Apr 9th, 2024 at 2.0717718
The short-term trend has been DOWN since May 8th, 2024 at 2.0570205
Smart Scan Analysis for ZARUYU
Based on our trend formula, ZARUYU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.0656449 | 2.0668391 | 2.0647370 | 2.0667355 | +0.0010910 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.0656449 | 2024-05-09 01:21:22 |