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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.

FOREX_ZARAUD
Open High Low ZARAUD Price Change
0.0913355 0.0914670 0.0903050 0.0903610 -0.0009750
Entry Signal

MarketClub’s Trade Triangles for ZARAUD

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 0.0907735

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.0927865

short term down 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).

-100
Smart Scan Analysis for ZARAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0913355 0.0914670 0.0903050 0.0903610 -0.0009750
Prev. Close Volume Bid Ask Time
0.0913355 2021-10-22 15:27:05
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