Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

Euro/South African Rand (FOREX:EURZAR)

Crossroads (-60) - EURZAR 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 EURZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURZAR
Open High Low EURZAR Price Change
17.590600 17.677450 17.576905 17.642885 +0.052285
Entry Signal

MarketClub’s Trade Triangles for EURZAR

long term up The long-term trend has been UP since Jul 25th, 2021 at 17.499885

intermediate term down The intermediate-term trend has been DOWN since Dec 20th, 2021 at 17.760645

short term down The short-term trend has been DOWN since Jan 3rd, 2022 at 17.955380

Smart Scan Analysis for EURZAR

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

-60
Smart Scan Analysis for EURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.590600 17.677450 17.576905 17.642885 +0.052285
Prev. Close Volume Bid Ask Time
17.590600 2022-01-18 05:09:50
Get a free daily analysis and signals for Euro/South African Rand (EURZAR) - Request Your Free Report.