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Forex Trend Analysis Report

Prepared for you on Wednesday, August 10, 2022.

South African Rand/Australian Dollar (FOREX:ZARAUD)

Bull Market Weakness (+75) - ZARAUD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARAUD as it may be in the beginning stages 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
0.0865795 0.0867170 0.0864130 0.0866230 +0.0000440
Entry Signal

MarketClub’s Trade Triangles for ZARAUD

long term down The long-term trend has been DOWN since May 3rd, 2022 at 0.087237

intermediate term up The intermediate-term trend has been UP since Aug 2nd, 2022 at 0.087714

short term up The short-term trend has been UP since Aug 10th, 2022 at 0.086691

Smart Scan Analysis for ZARAUD

Based on our trend formula, ZARAUD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZARAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0865795 0.0867170 0.0864130 0.0866230 +0.0000440
Prev. Close Volume Bid Ask Time
0.0865795 2022-08-10 04:16:29
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