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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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.

FOREX_ZARGHS
Open High Low ZARGHS Price Change
0.41882961 0.41882961 0.41882961 0.41882961 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARGHS

long term up The long-term trend has been UP since Sep 10th, 2021 at 0.42822581

intermediate term up The intermediate-term trend has been UP since Oct 20th, 2021 at 0.40726448

short term up The short-term trend has been UP since Oct 3rd, 2021 at 0.40392619

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).

+80
Smart Scan Analysis for ZARGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.41882961 0.41882961 0.41882961 0.41882961 0.00000000
Prev. Close Volume Bid Ask Time
0.41882961 2021-10-20 07:19:48
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