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Forex Trend Analysis Report

Prepared for you on Sunday, November 29, 2020.

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
11.27323 11.27323 11.27323 11.27323 0.00000
Entry Signal

MarketClub’s Trade Triangles for AUDZAR

long term down The long-term trend has been DOWN since Oct 20th, 2020 at 11.594456

intermediate term down The intermediate-term trend has been DOWN since Aug 24th, 2020 at 12.140232

short term up The short-term trend has been UP since Nov 24th, 2020 at 11.304305

Smart Scan Analysis for AUDZAR

Based on our trend formula, AUDZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for AUDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.27323 11.27323 11.27323 11.27323 0.00000
Prev. Close Volume Bid Ask Time
11.27323 2020-11-29 04:20:56
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