Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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

Crossroads (+60) - ZARNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.093335 0.093600 0.092975 0.093280 -0.000055
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 0.102555

intermediate term up The intermediate-term trend has been UP since May 15th, 2020 at 0.090685

short term up The short-term trend has been UP since May 21st, 2020 at 0.091175

Smart Scan Analysis for ZARNZD

Based on our trend formula, ZARNZD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.093335 0.093600 0.092975 0.093280 -0.000055
Prev. Close Volume Bid Ask Time
0.093335 0.093240 0.093320 2020-05-25 05:17:47
Get a free daily analysis and signals for South African Rand/New Zealand Dollar (ZARNZD) - Request Your Free Report.