Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

South African Rand/Uruguayan Peso (FOREX:ZARUYU)

Countertrend Up (+85) - ZARUYU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

Open	High	Low	ZARUYU Price	Change
2.1916889	2.2074226	2.1913093	2.2029138	+0.0112250
Entry Signal

MarketClub’s Trade Triangles for ZARUYU

The long-term trend has been UP since May 16th, 2024 at 2.1050000

The intermediate-term trend has been UP since Jun 14th, 2024 at 2.1419629

The short-term trend has been UP since Jul 24th, 2024 at 2.2112178

Smart Scan Analysis for ZARUYU

Based on our trend formula, ZARUYU is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
2.1916889	2.2074226	2.1913093	2.2029138	+0.0112250
Prev. Close	Volume	Bid	Ask	Time
2.1916889				2024-07-26 17:00:05

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