Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
South African Rand/Australian Dollar (FOREX:ZARAUD)
Strong Downtrend (-100) - ZARAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for ZARAUD
The long-term trend has been DOWN since Oct 11th, 2021 at 0.0907735
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.0927865
The short-term trend has been DOWN since Oct 21st, 2021 at 0.0915255
Smart Scan Analysis for ZARAUD
Based on our trend formula, ZARAUD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).