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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.

FOREX_ZARHKD
Open High Low ZARHKD Price Change
0.50653062 0.50984212 0.50302811 0.50509514 -0.00143500
Entry Signal

MarketClub’s Trade Triangles for ZARHKD

long term up The long-term trend has been UP since Jul 21st, 2020 at 0.47338962

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 0.51043012

short term down 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).

-70
Smart Scan Analysis for ZARHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.50653062 0.50984212 0.50302811 0.50509514 -0.00143500
Prev. Close Volume Bid Ask Time
0.50653062 2021-03-05 17:00:57
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