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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

/South African Rand (FOREX:GHSZAR)

Countertrend Up (+85) - GHSZAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid GHSZAR?

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

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

FOREX_GHSZAR
Open High Low GHSZAR Price Change
1.4892527 1.4892527 1.4892527 1.4892527 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GHSZAR

long term up The long-term trend has been UP since Dec 19th, 2022 at 1.7609167

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2023 at 1.4443145

short term up The short-term trend has been UP since Mar 2nd, 2023 at 1.4240394

Smart Scan Analysis for GHSZAR

Based on our trend formula, GHSZAR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GHSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4892527 1.4892527 1.4892527 1.4892527 0.0000000
Prev. Close Volume Bid Ask Time
1.4892527 2023-03-18 03:55:50
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