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Forex Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

South African Rand/Saudi Arabian Riyal (FOREX:ZARSAR)

Strong Uptrend (+100) - ZARSAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARSAR 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 ZARSAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARSAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARSAR
Open High Low ZARSAR Price Change
0.21613112 0.21649756 0.21425820 0.21649756 +0.00036600
Entry Signal

MarketClub’s Trade Triangles for ZARSAR

long term up The long-term trend has been UP since Apr 27th, 2020 at 0.19942405

intermediate term up The intermediate-term trend has been UP since Apr 27th, 2020 at 0.19942405

short term up The short-term trend has been UP since May 18th, 2020 at 0.20456775

Smart Scan Analysis for ZARSAR

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

+100
Smart Scan Analysis for ZARSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.21613112 0.21649756 0.21425820 0.21649756 +0.00036600
Prev. Close Volume Bid Ask Time
0.21613112 0.21623596 0.21675915 2020-05-27 19:52:23
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