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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

South African Rand/Russian Ruble (FOREX:ZARRUB)

Bear Market Rally (-75) - ZARRUB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARRUB as it may be in the beginning 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.

FOREX_ZARRUB
Open High Low ZARRUB Price Change
4.0379374 4.0459425 3.9972622 4.0001277 -0.0378100
Entry Signal

MarketClub’s Trade Triangles for ZARRUB

long term down The long-term trend has been DOWN since Apr 2nd, 2020 at 4.1711287

intermediate term up The intermediate-term trend has been UP since May 24th, 2020 at 4.0713359

short term down The short-term trend has been DOWN since May 28th, 2020 at 4.0462661

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).

-75
Smart Scan Analysis for ZARRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.0379374 4.0459425 3.9972622 4.0001277 -0.0378100
Prev. Close Volume Bid Ask Time
4.0379374 3.9949958 4.0052596 2020-05-29 17:08:56
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