Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
South African Rand/Argentine Peso (FOREX:ZARARS)
Weak Uptrend (+65) - ZARARS is showing signs of weakening momentum to the upside. Monitor ZARARS as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARARS
The long-term trend has been UP since Jun 5th, 2020 at 4.0898728
The intermediate-term trend has been UP since Jan 21st, 2021 at 5.8119775
The short-term trend has been DOWN since Feb 25th, 2021 at 5.9740621
Smart Scan Analysis for ZARARS
Based on our trend formula, ZARARS is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).