Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

South African Rand/ (FOREX:ZARCDF)

Long-Term Uptrend (+90) - ZARCDF is in a strong uptrend that is likely to continue. While ZARCDF is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
136.72891 136.72891 136.72891 136.72891 0.00000
Entry Signal

MarketClub’s Trade Triangles for ZARCDF

long term up The long-term trend has been UP since Jun 12th, 2020 at 109.96027

intermediate term up The intermediate-term trend has been UP since Feb 9th, 2021 at 133.51036

short term up The short-term trend has been UP since Feb 24th, 2021 at 136.04725

Smart Scan Analysis for ZARCDF

Based on our trend formula, ZARCDF is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZARCDF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
136.72891 136.72891 136.72891 136.72891 0.00000
Prev. Close Volume Bid Ask Time
131.97815 2021-02-24 07:23:17
Get a free daily analysis and signals for South African Rand/ (ZARCDF) - Request Your Free Report.