Forex Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
South African Rand/Argentine Peso (FOREX:ZARARS)
Strong Uptrend (+100) - ZARARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARARS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Mar 17th, 2021 at 6.2132862
The short-term trend has been UP since Apr 13th, 2021 at 6.3833304
Smart Scan Analysis for ZARARS
Based on our trend formula, ZARARS is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).