Forex Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
South African Rand/Argentine Peso (FOREX:ZARARS)
Crossroads (+60) - ZARARS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Aug 19th, 2021 at 6.4342693
The intermediate-term trend has been UP since Dec 20th, 2021 at 6.4671334
The short-term trend has been UP since Jan 3rd, 2022 at 6.5176425
Smart Scan Analysis for ZARARS
Based on our trend formula, ZARARS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).