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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.

FOREX_CADZAR
Open High Low CADZAR Price Change
12.526279 12.526279 12.526279 12.526279 0.000000
Entry Signal

MarketClub’s Trade Triangles for CADZAR

long term up The long-term trend has been UP since Jul 14th, 2021 at 11.811646

intermediate term up The intermediate-term trend has been UP since Oct 27th, 2021 at 12.087291

short term down 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).

+75
Smart Scan Analysis for CADZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.526279 12.526279 12.526279 12.526279 0.000000
Prev. Close Volume Bid Ask Time
12.526279 2021-12-05 04:20:57
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