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Forex Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

South African Rand/ (FOREX:ZARGHS)

Strong Downtrend (-100) - ZARGHS 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 ZARGHS?

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

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

FOREX_ZARGHS
Open High Low ZARGHS Price Change
0.35212000 0.35394556 0.35212000 0.35394556 +0.00182600
Entry Signal

MarketClub’s Trade Triangles for ZARGHS

long term down The long-term trend has been DOWN since Feb 3rd, 2020 at 0.36642362

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2020 at 0.39862467

short term down The short-term trend has been DOWN since Feb 13th, 2020 at 0.35945231

Smart Scan Analysis for ZARGHS

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

-100
Smart Scan Analysis for ZARGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.35212000 0.35394556 0.35212000 0.35394556 +0.00182600
Prev. Close Volume Bid Ask Time
0.35212000 0.35240320 0.35548791 2020-02-18 21:03:24
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