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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2024.

South African Rand/ (FOREX:ZARGHS)

Bull Market Weakness (+75) - ZARGHS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARGHS as it may be in the beginning stages of a reversal.

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
0.8471480 0.8471480 0.8461664 0.8461664 -0.0009820
Entry Signal

MarketClub’s Trade Triangles for ZARGHS

long term up The long-term trend has been UP since Nov 6th, 2023 at 0.63604504

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2024 at 0.72420530

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 0.84958840

Smart Scan Analysis for ZARGHS

Based on our trend formula, ZARGHS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ZARGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8471480 0.8471480 0.8461664 0.8461664 -0.0009820
Prev. Close Volume Bid Ask Time
0.8471480 2024-07-17 21:06:54
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