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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South African Rand/Ugandan Shilling (FOREX:ZARUGX)
Strong Uptrend (+100) - ZARUGX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARUGX 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 ZARUGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARUGX.
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 ZARUGX
The long-term trend has been UP since Jun 21st, 2024 at 209.00119
The intermediate-term trend has been UP since Jul 14th, 2024 at 205.25806
The short-term trend has been UP since Jul 24th, 2024 at 202.39077
Smart Scan Analysis for ZARUGX
Based on our trend formula, ZARUGX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 204.20267 | 204.20267 | 203.89968 | 203.89968 | -0.30299 |
| Prev. Close | Volume | Bid | Ask | Time |
| 204.20267 | 2024-07-26 14:00:13 |