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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.

FOREX_ZARGHS
Open High Low ZARGHS Price Change
0.39833505 0.39833505 0.39833505 0.39833505 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARGHS

long term up The long-term trend has been UP since Jul 21st, 2020 at 0.34842267

intermediate term up The intermediate-term trend has been UP since Feb 9th, 2021 at 0.39378935

short term down 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).

+55
Smart Scan Analysis for ZARGHS
Strong Downtrend Sideways 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
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