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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.
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MarketClub’s Trade Triangles for GHSZAR
The long-term trend has been DOWN since Feb 1st, 2022 at 2.4522646
The intermediate-term trend has been UP since Jun 14th, 2022 at 2.0177387
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).
| 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 |