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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

South African Rand/Swiss Franc (FOREX:ZARCHF)

Crossroads (+60) - ZARCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_ZARCHF
Open High Low ZARCHF Price Change
0.05530054 0.05550000 0.05510000 0.05523500 -0.00006600
Entry Signal

MarketClub’s Trade Triangles for ZARCHF

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 0.06466500

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 0.05391077

short term up The short-term trend has been UP since May 18th, 2020 at 0.05302500

Smart Scan Analysis for ZARCHF

Based on our trend formula, ZARCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ZARCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05530054 0.05550000 0.05510000 0.05523500 -0.00006600
Prev. Close Volume Bid Ask Time
0.05530054 0.05522000 0.05525000 2020-05-25 05:30:42
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