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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

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

Weak Uptrend (+65) - ZARNZD is showing signs of weakening momentum to the upside. Monitor ZARNZD as it may be in the beginning stages of a reversal.

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
0.08825000 0.08885850 0.08814344 0.08882000 +0.00057000
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term up The long-term trend has been UP since Mar 29th, 2024 at 0.0887020

intermediate term up The intermediate-term trend has been UP since Mar 11th, 2024 at 0.0869520

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 0.0885455

Smart Scan Analysis for ZARNZD

Based on our trend formula, ZARNZD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08825000 0.08885850 0.08814344 0.08882000 +0.00057000
Prev. Close Volume Bid Ask Time
0.08825000 2024-04-19 13:17:40
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