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Forex Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

Canadian Dollar/South African Rand (FOREX:CADZAR)

Crossroads (+60) - CADZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
13.846903 13.846903 13.747050 13.778850 -0.068053
Entry Signal

MarketClub’s Trade Triangles for CADZAR

long term down The long-term trend has been DOWN since Nov 1st, 2023 at 13.431536

intermediate term up The intermediate-term trend has been UP since Nov 22nd, 2023 at 13.681262

short term up The short-term trend has been UP since Nov 30th, 2023 at 13.825713

Smart Scan Analysis for CADZAR

Based on our trend formula, CADZAR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CADZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.846903 13.846903 13.747050 13.778850 -0.068053
Prev. Close Volume Bid Ask Time
13.846903 2023-12-03 16:15:33
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