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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

South African Rand/Uruguayan Peso (FOREX:ZARUYU)

Bear Market Rally (-75) - ZARUYU is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARUYU as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ZARUYU?

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

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

FOREX_ZARUYU
Open High Low ZARUYU Price Change
2.4410785 2.4627222 2.3865816 2.3990160 -0.0420630
Entry Signal

MarketClub’s Trade Triangles for ZARUYU

long term down The long-term trend has been DOWN since Apr 3rd, 2020 at 2.3430694

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2020 at 2.3430694

short term up The short-term trend has been UP since Apr 7th, 2020 at 2.3943123

Smart Scan Analysis for ZARUYU

Based on our trend formula, ZARUYU is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ZARUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4410785 2.4627222 2.3865816 2.3990160 -0.0420630
Prev. Close Volume Bid Ask Time
2.4410785 2.3949406 2.4030914 2020-04-08 19:52:25
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