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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

South African Rand/Australian Dollar (FOREX:ZARAUD)

Bear Market Rally (-75) - ZARAUD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARAUD as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ZARAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARAUD
Open High Low ZARAUD Price Change
0.084656 0.084784 0.084566 0.084623 -0.000033
Entry Signal

MarketClub’s Trade Triangles for ZARAUD

long term down The long-term trend has been DOWN since Mar 29th, 2020 at 0.091047

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 0.084835

short term down The short-term trend has been DOWN since May 29th, 2020 at 0.085866

Smart Scan Analysis for ZARAUD

Based on our trend formula, ZARAUD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ZARAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.084656 0.084784 0.084566 0.084623 -0.000033
Prev. Close Volume Bid Ask Time
0.084656 0.084598 0.084648 2020-06-02 02:00:29
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