Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
South African Rand/Russian Ruble (FOREX:ZARRUB)
Weak Downtrend (-65) - ZARRUB is showing signs of a strengthening downtrend. Monitor ZARRUB as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for ZARRUB
The long-term trend has been UP since Aug 24th, 2020 at 4.4104196
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 4.9632650
The short-term trend has been DOWN since Feb 25th, 2021 at 5.0096841
Smart Scan Analysis for ZARRUB
Based on our trend formula, ZARRUB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).