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Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

South African Rand/ (FOREX:ZARCDF)

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

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

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

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

FOREX_ZARCDF
Open High Low ZARCDF Price Change
111.47162 111.47162 111.47162 111.47162 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARCDF

long term up The long-term trend has been UP since Dec 12th, 2019 at 114.45000

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2020 at 117.70997

short term down The short-term trend has been DOWN since Jan 27th, 2020 at 117.60584

Smart Scan Analysis for ZARCDF

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

-70
Smart Scan Analysis for ZARCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
111.47162 111.47162 111.47162 111.47162 0.00000
Prev. Close Volume Bid Ask Time
110.54713 109.95449 112.98874 2020-02-25 07:23:03
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