Forex Trend Analysis Report
Prepared for you on Thursday, March 30, 2023.
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 Jan 21st, 2022 at 6.919332
The intermediate-term trend has been UP since Mar 1st, 2023 at 10.878683
The short-term trend has been UP since Mar 22nd, 2023 at 11.115279
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).