Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
/South African Rand (FOREX:GHSZAR)
Sidelines Mode (-55) - GHSZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for GHSZAR
The long-term trend has been UP since Dec 4th, 2024 at 1.1436863
The intermediate-term trend has been DOWN since Jan 15th, 2025 at 1.2943912
The short-term trend has been UP since Nov 18th, 2024 at 1.1016374
Smart Scan Analysis for GHSZAR
Based on our trend formula, GHSZAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2541355 | 1.2541355 | 1.2541355 | 1.2541355 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2481608 | 2025-01-18 02:34:59 |