Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
South African Rand/Australian Dollar (FOREX:ZARAUD)
Weak Uptrend (+65) - ZARAUD is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for ZARAUD
The long-term trend has been UP since Dec 16th, 2019 at 0.1010805
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 0.1003185
The short-term trend has been UP since Feb 19th, 2020 at 0.1001270
Smart Scan Analysis for ZARAUD
Based on our trend formula, ZARAUD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).