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.
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 DOWN since Jan 12th, 2020 at 0.39862467
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).