Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

South African Rand/Australian Dollar (FOREX:ZARAUD)

Crossroads (-60) - ZARAUD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.0847355 0.0848730 0.0844075 0.0847710 +0.0000350
Entry Signal

MarketClub’s Trade Triangles for ZARAUD

long term up The long-term trend has been UP since Jun 17th, 2024 at 0.0831035

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 0.0843900

short term down The short-term trend has been DOWN since Nov 20th, 2024 at 0.0846310

Smart Scan Analysis for ZARAUD

Based on our trend formula, ZARAUD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0847355 0.0848730 0.0844075 0.0847710 +0.0000350
Prev. Close Volume Bid Ask Time
0.0847355 2024-11-21 06:49:48
Get a free daily analysis and signals for South African Rand/Australian Dollar (ZARAUD) - Request Your Free Report.