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Forex Trend Analysis Report

Prepared for you on Sunday, March 7, 2021.

South African Rand/Swiss Franc (FOREX:ZARCHF)

Sidelines Mode (+55) - ZARCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.06064157 0.06093841 0.06030000 0.06056279 -0.00007900
Entry Signal

MarketClub’s Trade Triangles for ZARCHF

long term up The long-term trend has been UP since Nov 2nd, 2020 at 0.05660000

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2021 at 0.06000365

short term down The short-term trend has been DOWN since Mar 5th, 2021 at 0.06053531

Smart Scan Analysis for ZARCHF

Based on our trend formula, ZARCHF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06064157 0.06093841 0.06030000 0.06056279 -0.00007900
Prev. Close Volume Bid Ask Time
0.06064157 2021-03-05 17:04:12
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