Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

South African Rand/Russian Ruble (FOREX:ZARRUB)

Weak Downtrend (-65) - ZARRUB is showing signs of a strengthening downtrend. Monitor ZARRUB as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZARRUB?

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

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

FOREX_ZARRUB
Open High Low ZARRUB Price Change
4.8322212 4.8806854 4.8207094 4.8701944 +0.0379730
Entry Signal

MarketClub’s Trade Triangles for ZARRUB

long term down The long-term trend has been DOWN since Nov 21st, 2023 at 4.7834331

intermediate term down The intermediate-term trend has been DOWN since Feb 28th, 2024 at 4.7393441

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 4.8733634

Smart Scan Analysis for ZARRUB

Based on our trend formula, ZARRUB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZARRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.8322212 4.8806854 4.8207094 4.8701944 +0.0379730
Prev. Close Volume Bid Ask Time
4.8322212 2024-03-19 07:19:05
Get a free daily analysis and signals for South African Rand/Russian Ruble (ZARRUB) - Request Your Free Report.