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Forex Trend Analysis Report
Prepared for you on Friday, December 13, 2024.
/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.
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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 UP since Nov 18th, 2024 at 1.0934079
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 +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2118273 | 1.2118273 | 1.2118273 | 1.2118273 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2101251 | 2024-12-07 20:17:27 |