Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
South African Rand/ (FOREX:ZARGHS)
Countertrend Up (+85) - ZARGHS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 6th, 2023 at 0.63604504
The intermediate-term trend has been UP since Jan 28th, 2024 at 0.64312553
The short-term trend has been UP since Mar 28th, 2024 at 0.68922040
Smart Scan Analysis for ZARGHS
Based on our trend formula, ZARGHS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.6997733 | 0.6997733 | 0.6995693 | 0.6995693 | -0.0002040 |
Prev. Close | Volume | Bid | Ask | Time |
0.6997733 | 2024-03-29 03:30:06 |