Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

South African Rand/Argentine Peso (FOREX:ZARARS)

Sidelines Mode (+55) - ZARARS 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 ZARARS?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARARS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	ZARARS Price	Change
45.191239	45.693904	45.145106	45.590020	+0.398781
Entry Signal

MarketClub’s Trade Triangles for ZARARS

The long-term trend has been UP since Jan 21st, 2022 at 6.919332

The intermediate-term trend has been UP since Mar 5th, 2024 at 44.623800

The short-term trend has been DOWN since Apr 11th, 2024 at 46.013249

Smart Scan Analysis for ZARARS

Based on our trend formula, ZARARS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
45.191239	45.693904	45.145106	45.590020	+0.398781
Prev. Close	Volume	Bid	Ask	Time
45.191239				2024-04-19 17:01:50

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