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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

South African Rand/New Zealand Dollar (FOREX:ZARNZD)

Countertrend Up (+85) - ZARNZD 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 ZARNZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARNZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARNZD
Open High Low ZARNZD Price Change
0.0938085 0.0938555 0.0935220 0.0937905 -0.0000180
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term up The long-term trend has been UP since Oct 20th, 2020 at 0.0921185

intermediate term up The intermediate-term trend has been UP since Oct 5th, 2020 at 0.0917835

short term up The short-term trend has been UP since Nov 24th, 2020 at 0.0941765

Smart Scan Analysis for ZARNZD

Based on our trend formula, ZARNZD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0938085 0.0938555 0.0935220 0.0937905 -0.0000180
Prev. Close Volume Bid Ask Time
0.0938085 2020-11-27 03:43:39
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