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Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
South African Rand/ (FOREX:ZARGHS)
Crossroads (-60) - ZARGHS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for ZARGHS
The long-term trend has been DOWN since Feb 3rd, 2020 at 0.36642362
The intermediate-term trend has been UP since May 20th, 2020 at 0.31598619
The short-term trend has been UP since May 20th, 2020 at 0.31232848
Smart Scan Analysis for ZARGHS
Based on our trend formula, ZARGHS is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.32833300 | 0.32833300 | 0.32833300 | 0.32833300 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.33100058 | 0.32703017 | 0.32963583 | 2020-05-25 21:04:34 |