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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

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

Strong Downtrend (-100) - ZARNZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARNZD continues to fall. Traders should use caution and set stops.

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
0.0879220 0.0885100 0.0875835 0.0880265 +0.0001040
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term down The long-term trend has been DOWN since Nov 1st, 2022 at 0.0932855

intermediate term down The intermediate-term trend has been DOWN since Mar 16th, 2023 at 0.0873095

short term down The short-term trend has been DOWN since Mar 28th, 2023 at 0.0878785

Smart Scan Analysis for ZARNZD

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

-100
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0879220 0.0885100 0.0875835 0.0880265 +0.0001040
Prev. Close Volume Bid Ask Time
0.0879220 2023-03-28 21:00:06
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