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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South African Rand/Russian Ruble (FOREX:ZARRUB)
Bull Market Weakness (+75) - ZARRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARRUB as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARRUB
The long-term trend has been UP since Aug 13th, 2024 at 5.0639486
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 5.3811437
The short-term trend has been UP since Nov 15th, 2024 at 5.4902589
Smart Scan Analysis for ZARRUB
Based on our trend formula, ZARRUB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.5247199 | 5.5579608 | 5.5138241 | 5.5430062 | +0.0182860 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.5247199 | 2024-11-20 03:36:09 |