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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

South African Rand/Russian Ruble (FOREX:ZARRUB)

Long-Term Uptrend (+90) - ZARRUB is in a strong uptrend that is likely to continue. While ZARRUB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
3.7711946 3.7756100 3.7658615 3.7694615 -0.0017330
Entry Signal

MarketClub’s Trade Triangles for ZARRUB

long term up The long-term trend has been UP since May 4th, 2022 at 9.8095830

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2022 at 3.7275029

short term up The short-term trend has been UP since Aug 9th, 2022 at 3.7115582

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).

+90
Smart Scan Analysis for ZARRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.7711946 3.7756100 3.7658615 3.7694615 -0.0017330
Prev. Close Volume Bid Ask Time
3.7711946 2022-08-15 02:57:14
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