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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

South African Rand/Canadian Dollar (FOREX:ZARCAD)

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

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.

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

FOREX_ZARCAD
Open High Low ZARCAD Price Change
0.07195884 0.07195884 0.07195884 0.07195884 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARCAD

long term up The long-term trend has been UP since Apr 5th, 2024 at 0.0727475

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.0712475

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 0.0726370

Smart Scan Analysis for ZARCAD

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

-70
Smart Scan Analysis for ZARCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07195884 0.07195884 0.07195884 0.07195884 0.00000000
Prev. Close Volume Bid Ask Time
0.07195884 2024-04-20 11:09:09
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