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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
/South African Rand (FOREX:GHSZAR)
Bear Market Rally (-75) - GHSZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GHSZAR as it may be in the beginning of a reversal.
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 Nov 6th, 2023 at 1.5722218
The intermediate-term trend has been UP since Apr 21st, 2024 at 1.4222254
The short-term trend has been DOWN since Apr 26th, 2024 at 1.4237178
Smart Scan Analysis for GHSZAR
Based on our trend formula, GHSZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3913457 | 1.3913457 | 1.3913457 | 1.3913457 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3913457 | 2024-04-26 07:26:04 |