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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South African Rand/Rwandan Franc (FOREX:ZARRWF)
Strong Uptrend (+100) - ZARRWF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARRWF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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.
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MarketClub’s Trade Triangles for ZARRWF
The long-term trend has been UP since Jun 18th, 2023 at 62.600317
The intermediate-term trend has been UP since Jun 17th, 2024 at 71.513140
The short-term trend has been UP since Jul 26th, 2024 at 71.945210
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 71.99557 | 71.99557 | 71.94734 | 71.94734 | -0.04823 |
| Prev. Close | Volume | Bid | Ask | Time |
| 71.99557 | 2024-07-26 14:00:16 |