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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

South African Rand/Brazilian Real (FOREX:ZARBRL)

Strong Uptrend (+100) - ZARBRL is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARBRL continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid ZARBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARBRL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARBRL
Open High Low ZARBRL Price Change
0.37412676 0.37420329 0.36953151 0.37413465 +0.00000800
Entry Signal

MarketClub’s Trade Triangles for ZARBRL

long term up The long-term trend has been UP since May 7th, 2020 at 0.30646400

intermediate term up The intermediate-term trend has been UP since Jan 29th, 2021 at 0.36301893

short term up The short-term trend has been UP since Feb 23rd, 2021 at 0.37372228

Smart Scan Analysis for ZARBRL

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

+100
Smart Scan Analysis for ZARBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37412676 0.37420329 0.36953151 0.37413465 +0.00000800
Prev. Close Volume Bid Ask Time
0.37412676 2021-03-01 15:21:22
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