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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

South African Rand/Russian Ruble (FOREX:ZARRUB)

Countertrend Up (+85) - ZARRUB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
4.1938917 4.2342164 4.1760442 4.2160997 +0.0222080
Entry Signal

MarketClub’s Trade Triangles for ZARRUB

long term up The long-term trend has been UP since Dec 5th, 2022 at 3.6430445

intermediate term up The intermediate-term trend has been UP since Feb 9th, 2023 at 4.1516457

short term down The short-term trend has been DOWN since Mar 27th, 2023 at 4.1737042

Smart Scan Analysis for ZARRUB

Based on our trend formula, ZARRUB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ZARRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1938917 4.2342164 4.1760442 4.2160997 +0.0222080
Prev. Close Volume Bid Ask Time
4.1938917 2023-03-28 17:35:00
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