Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
South African Rand/Hong Kong Dollar (FOREX:ZARHKD)
Strong Downtrend (-100) - ZARHKD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 7th, 2020 at 0.51650303
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 0.53817937
The short-term trend has been DOWN since Mar 29th, 2020 at 0.43881094
Smart Scan Analysis for ZARHKD
Based on our trend formula, ZARHKD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).