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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

South African Rand/Rwandan Franc (FOREX:ZARRWF)

Sidelines Mode (+50) - ZARRWF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARRWF can gain momentum.

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.

FOREX_ZARRWF
Open High Low ZARRWF Price Change
61.312757 61.330815 61.312757 61.330815 +0.018058
Entry Signal

MarketClub’s Trade Triangles for ZARRWF

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 59.101840

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2023 at 59.683633

short term up The short-term trend has been UP since Mar 28th, 2023 at 59.683633

Smart Scan Analysis for ZARRWF

Based on our trend formula, ZARRWF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ZARRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.312757 61.330815 61.312757 61.330815 +0.018058
Prev. Close Volume Bid Ask Time
62.401311 2023-03-28 13:24:49
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