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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South African Rand/Russian Ruble (FOREX:ZARRUB)
Long-Term Downtrend (-90) - ZARRUB is in a strong downtrend that is likely to continue. While ZARRUB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jun 4th, 2024 at 4.7303340
The intermediate-term trend has been DOWN since Jul 25th, 2024 at 4.6379857
The short-term trend has been DOWN since Jul 16th, 2024 at 4.8255966
Smart Scan Analysis for ZARRUB
Based on our trend formula, ZARRUB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6384349 | 4.7339669 | 4.6375754 | 4.7109395 | +0.0725050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6384349 | 2024-07-26 17:00:05 |