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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Australian Dollar/South African Rand (FOREX:AUDZAR)

Sidelines Mode (+55) - AUDZAR 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 AUDZAR?

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

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

FOREX_AUDZAR
Open High Low AUDZAR Price Change
10.834791 10.834791 10.834791 10.834791 0.000000
Entry Signal

MarketClub’s Trade Triangles for AUDZAR

long term up The long-term trend has been UP since Oct 11th, 2021 at 11.015441

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 10.885000

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 10.903300

Smart Scan Analysis for AUDZAR

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

+55
Smart Scan Analysis for AUDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.834791 10.834791 10.834791 10.834791 0.000000
Prev. Close Volume Bid Ask Time
10.834791 2021-10-17 05:20:57
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