Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
South African Rand/Swiss Franc (FOREX:ZARCHF)
Strong Uptrend (+100) - ZARCHF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARCHF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for ZARCHF
The long-term trend has been UP since Nov 2nd, 2020 at 0.05660000
The intermediate-term trend has been UP since Oct 22nd, 2020 at 0.05600886
The short-term trend has been UP since Nov 20th, 2020 at 0.05960000
Smart Scan Analysis for ZARCHF
Based on our trend formula, ZARCHF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).