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Forex Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

Australian Dollar/South African Rand (FOREX:AUDZAR)

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

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
10.9766 10.9766 10.9766 10.9766 0.0000
Entry Signal

MarketClub’s Trade Triangles for AUDZAR

long term up The long-term trend has been UP since May 3rd, 2022 at 11.463600

intermediate term down The intermediate-term trend has been DOWN since Jun 8th, 2022 at 11.011781

short term down The short-term trend has been DOWN since Jun 22nd, 2022 at 11.047700

Smart Scan Analysis for AUDZAR

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

-70
Smart Scan Analysis for AUDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.9766 10.9766 10.9766 10.9766 0.0000
Prev. Close Volume Bid Ask Time
10.9766 2022-06-25 21:00:26
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