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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

/South African Rand (FOREX:GHSZAR)

Sidelines Mode (+50) - GHSZAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GHSZAR can gain momentum.

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
2.0420581 2.0420581 2.0420581 2.0420581 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GHSZAR

long term down The long-term trend has been DOWN since Feb 1st, 2022 at 2.4522646

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2022 at 2.0177387

short term up The short-term trend has been UP since Jun 30th, 2022 at 2.0130158

Smart Scan Analysis for GHSZAR

Based on our trend formula, GHSZAR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GHSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0420581 2.0420581 2.0420581 2.0420581 0.0000000
Prev. Close Volume Bid Ask Time
2.0420581 2022-07-05 07:16:06
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