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Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
South African Rand/ (FOREX:ZARGHS)
Sidelines Mode (+55) - ZARGHS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Jul 21st, 2020 at 0.34842267
The intermediate-term trend has been UP since Feb 9th, 2021 at 0.39378935
The short-term trend has been DOWN since Feb 22nd, 2021 at 0.39563984
Smart Scan Analysis for ZARGHS
Based on our trend formula, ZARGHS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.39833505 | 0.39833505 | 0.39833505 | 0.39833505 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38364715 | 2021-02-24 07:23:16 |