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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

South African Rand/Philippine Peso (FOREX:ZARPHP)

Crossroads (-60) - ZARPHP 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 ZARPHP?

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

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

FOREX_ZARPHP
Open High Low ZARPHP Price Change
3.1689007 3.1923729 3.1504089 3.1656341 -0.0032670
Entry Signal

MarketClub’s Trade Triangles for ZARPHP

long term up The long-term trend has been UP since Nov 3rd, 2020 at 3.0089223

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 3.1981695

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 3.2045175

Smart Scan Analysis for ZARPHP

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

-60
Smart Scan Analysis for ZARPHP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1689007 3.1923729 3.1504089 3.1656341 -0.0032670
Prev. Close Volume Bid Ask Time
3.1689007 2021-03-05 17:04:13
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