Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

South African Rand/Uruguayan Peso (FOREX:ZARUYU)

Bull Market Weakness (+75) - ZARUYU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARUYU as it may be in the beginning stages of a reversal.

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.

Open	High	Low	ZARUYU Price	Change
2.0152510	2.0676914	2.0072835	2.0616328	+0.0463820
Entry Signal

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 UP since Apr 25th, 2024 at 2.0193416

Smart Scan Analysis for ZARUYU

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

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
2.0152510	2.0676914	2.0072835	2.0616328	+0.0463820
Prev. Close	Volume	Bid	Ask	Time
2.0152510				2024-04-26 17:04:58

Get a free daily analysis and signals for South African Rand/Uruguayan Peso (ZARUYU) - Request Your Free Report.