Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

South African Rand/Egyptian Pound (FOREX:ZAREGP)

Weak Uptrend (+65) - ZAREGP is showing signs of weakening momentum to the upside. Monitor ZAREGP as it may be in the beginning stages of a reversal.

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

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

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

FOREX_ZAREGP
Open High Low ZAREGP Price Change
2.5248837 2.5340635 2.5088098 2.5240898 -0.0007940
Entry Signal

MarketClub’s Trade Triangles for ZAREGP

long term up The long-term trend has been UP since Dec 21st, 2023 at 1.7221228

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 1.6549524

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 2.5146227

Smart Scan Analysis for ZAREGP

Based on our trend formula, ZAREGP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ZAREGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5248837 2.5340635 2.5088098 2.5240898 -0.0007940
Prev. Close Volume Bid Ask Time
2.5248837 2024-04-19 10:04:45
Get a free daily analysis and signals for South African Rand/Egyptian Pound (ZAREGP) - Request Your Free Report.