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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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
0.6997733 0.6997733 0.6995693 0.6995693 -0.0002040
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 Jan 28th, 2024 at 0.64312553

short term up The short-term trend has been UP since Mar 28th, 2024 at 0.68922040

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
0.6997733 0.6997733 0.6995693 0.6995693 -0.0002040
Prev. Close Volume Bid Ask Time
0.6997733 2024-03-29 03:30:06
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