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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

South African Rand/Swiss Franc (FOREX:ZARCHF)

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

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
0.04798660 0.04845581 0.04797207 0.04821537 +0.00022900
Entry Signal

MarketClub’s Trade Triangles for ZARCHF

long term up The long-term trend has been UP since Nov 5th, 2024 at 0.04967745

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 0.04847781

short term down The short-term trend has been DOWN since Dec 16th, 2024 at 0.04979500

Smart Scan Analysis for ZARCHF

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

-70
Smart Scan Analysis for ZARCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04798660 0.04845581 0.04797207 0.04821537 +0.00022900
Prev. Close Volume Bid Ask Time
0.04798660 2024-12-26 05:39:14
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