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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

/South African Rand (FOREX:GHSZAR)

Weak Downtrend (-65) - GHSZAR is showing signs of a strengthening downtrend. Monitor GHSZAR as it may be building momentum to the downside.

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
3.0457363 3.0457363 3.0457363 3.0457363 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GHSZAR

long term up The long-term trend has been UP since Feb 3rd, 2020 at 2.7291286

intermediate term down The intermediate-term trend has been DOWN since May 20th, 2020 at 3.1647458

short term down The short-term trend has been DOWN since May 20th, 2020 at 3.2018085

Smart Scan Analysis for GHSZAR

Based on our trend formula, GHSZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GHSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.0457363 3.0457363 3.0457363 3.0457363 0.0000000
Prev. Close Volume Bid Ask Time
3.0211882 3.0336508 3.0578218 2020-05-25 21:04:34
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