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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
South African Rand/Egyptian Pound (FOREX:ZAREGP)
Strong Uptrend (+100) - ZAREGP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZAREGP 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 ZAREGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZAREGP.
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 ZAREGP
The long-term trend has been UP since Dec 21st, 2023 at 1.7221228
The intermediate-term trend has been UP since Mar 6th, 2024 at 1.6549524
The short-term trend has been UP since Apr 26th, 2024 at 2.5307267
Smart Scan Analysis for ZAREGP
Based on our trend formula, ZAREGP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5165122 | 2.5573001 | 2.5083198 | 2.5566724 | +0.0401600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5165122 | 2024-04-26 10:08:22 |