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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

South African Rand/Canadian Dollar (FOREX:ZARCAD)

Strong Downtrend (-100) - ZARCAD 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 ZARCAD?

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

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FOREX_ZARCAD
Open High Low ZARCAD Price Change
0.0788255 0.0794990 0.0781065 0.0781065 -0.0007190
Entry Signal

MarketClub’s Trade Triangles for ZARCAD

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 0.0869600

intermediate term down The intermediate-term trend has been DOWN since Jan 6th, 2020 at 0.0903825

short term down The short-term trend has been DOWN since Mar 12th, 2020 at 0.0834690

Smart Scan Analysis for ZARCAD

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

-100
Smart Scan Analysis for ZARCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0788255 0.0794990 0.0781065 0.0781065 -0.0007190
Prev. Close Volume Bid Ask Time
0.0788255 0.0780560 0.0781570 2020-04-01 14:49:19
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