Forex Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
Canadian Dollar/South African Rand (FOREX:CADZAR)
Bull Market Weakness (+75) - CADZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CADZAR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CADZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CADZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CADZAR
The long-term trend has been UP since Jul 14th, 2021 at 11.811646
The intermediate-term trend has been UP since Oct 27th, 2021 at 12.087291
The short-term trend has been DOWN since Nov 30th, 2021 at 12.614750
Smart Scan Analysis for CADZAR
Based on our trend formula, CADZAR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).