Forex Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
South African Rand/Hong Kong Dollar (FOREX:ZARHKD)
Weak Downtrend (-65) - ZARHKD is showing signs of a strengthening downtrend. Monitor ZARHKD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZARHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARHKD
The long-term trend has been UP since Jul 21st, 2020 at 0.47338962
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 0.51043012
The short-term trend has been DOWN since Mar 4th, 2021 at 0.51277704
Smart Scan Analysis for ZARHKD
Based on our trend formula, ZARHKD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).