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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.

FOREX_ZARARS
Open High Low ZARARS Price Change
5.9589857 6.0588912 5.9148409 5.9439189 -0.0150670
Entry Signal

MarketClub’s Trade Triangles for ZARARS

long term up The long-term trend has been UP since Jun 5th, 2020 at 4.0898728

intermediate term up The intermediate-term trend has been UP since Jan 21st, 2021 at 5.8119775

short term down 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).

+65
Smart Scan Analysis for ZARARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.9589857 6.0588912 5.9148409 5.9439189 -0.0150670
Prev. Close Volume Bid Ask Time
5.9589857 2021-02-26 16:52:44
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