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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

South African Rand/Brazilian Real (FOREX:ZARBRL)

Weak Downtrend (-65) - ZARBRL is showing signs of a strengthening downtrend. Monitor ZARBRL as it may be building momentum to the downside.

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
0.35928396 0.36223697 0.32583143 0.32783438 -0.03145000
Entry Signal

MarketClub’s Trade Triangles for ZARBRL

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.26859074

intermediate term down The intermediate-term trend has been DOWN since Dec 26th, 2024 at 0.32741732

short term down The short-term trend has been DOWN since Dec 26th, 2024 at 0.32741732

Smart Scan Analysis for ZARBRL

Based on our trend formula, ZARBRL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZARBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35928396 0.36223697 0.32583143 0.32783438 -0.03145000
Prev. Close Volume Bid Ask Time
0.35928396 2024-12-26 21:22:27
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