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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.
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MarketClub’s Trade Triangles for GHSZAR
The long-term trend has been DOWN since Jul 21st, 2020 at 2.8701191
The intermediate-term trend has been DOWN since Feb 9th, 2021 at 2.5394604
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).
| 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 |