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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

South African Rand/Australian Dollar (FOREX:ZARAUD)

Sidelines Mode (+55) - ZARAUD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.0809810 0.0814700 0.0808985 0.0814005 +0.0004200
Entry Signal

MarketClub’s Trade Triangles for ZARAUD

long term up The long-term trend has been UP since Jul 28th, 2023 at 0.0845675

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2023 at 0.0831375

short term up The short-term trend has been UP since Nov 29th, 2023 at 0.0812995

Smart Scan Analysis for ZARAUD

Based on our trend formula, ZARAUD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0809810 0.0814700 0.0808985 0.0814005 +0.0004200
Prev. Close Volume Bid Ask Time
0.0809810 2023-11-29 03:55:43
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