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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

South African Rand/Euro (FOREX:ZAREUR)

Strong Downtrend (-100) - ZAREUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_ZAREUR
Open High Low ZAREUR Price Change
0.05075470 0.05120944 0.05027885 0.05030310 -0.00045200
Entry Signal

MarketClub’s Trade Triangles for ZAREUR

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 0.05918880

intermediate term down The intermediate-term trend has been DOWN since Jan 14th, 2020 at 0.06201000

short term down The short-term trend has been DOWN since Mar 26th, 2020 at 0.05193484

Smart Scan Analysis for ZAREUR

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

-100
Smart Scan Analysis for ZAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05075470 0.05120944 0.05027885 0.05030310 -0.00045200
Prev. Close Volume Bid Ask Time
0.05075470 0.05028234 0.05032386 2020-04-01 14:43:59
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