Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Canadian Dollar/South African Rand (FOREX:CADZAR)
Strong Uptrend (+100) - CADZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CADZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Feb 13th, 2023 at 13.481753
The intermediate-term trend has been UP since Mar 21st, 2023 at 13.616616
The short-term trend has been UP since Mar 27th, 2023 at 13.319033
Smart Scan Analysis for CADZAR
Based on our trend formula, CADZAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).