Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
South African Rand/Rwandan Franc (FOREX:ZARRWF)
Strong Downtrend (-100) - ZARRWF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARRWF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARRWF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARRWF
The long-term trend has been DOWN since Mar 8th, 2021 at 64.222763
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 66.264963
The short-term trend has been DOWN since Mar 3rd, 2021 at 67.898140
Smart Scan Analysis for ZARRWF
Based on our trend formula, ZARRWF is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).