Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

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

Crossroads (-60) - ZARSAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open	High	Low	ZARSAR Price	Change
0.24924901	0.25301077	0.24705108	0.24769550	-0.00155400
Entry Signal

MarketClub’s Trade Triangles for ZARSAR

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

The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.24794511

The short-term trend has been DOWN since Feb 25th, 2021 at 0.25226786

Smart Scan Analysis for ZARSAR

Based on our trend formula, ZARSAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.24924901	0.25301077	0.24705108	0.24769550	-0.00155400
Prev. Close	Volume	Bid	Ask	Time
0.24924901				2021-02-26 16:18:27

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