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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

/South African Rand (FOREX:GHSZAR)

Countertrend Down (-85) - GHSZAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
2.5104813 2.5104813 2.5104813 2.5104813 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GHSZAR

long term down The long-term trend has been DOWN since Jul 21st, 2020 at 2.8701191

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2021 at 2.5394604

short term up The short-term trend has been UP since Feb 22nd, 2021 at 2.5275833

Smart Scan Analysis for GHSZAR

Based on our trend formula, GHSZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GHSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5104813 2.5104813 2.5104813 2.5104813 0.0000000
Prev. Close Volume Bid Ask Time
2.5104813 2021-02-24 07:23:16
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