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Forex Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

South African Rand/Uruguayan Peso (FOREX:ZARUYU)

Sidelines Mode (+50) - ZARUYU is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARUYU can gain momentum.

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
2.4482856 2.4502328 2.4321276 2.4493983 +0.0011130
Entry Signal

MarketClub’s Trade Triangles for ZARUYU

long term down The long-term trend has been DOWN since Jul 14th, 2021 at 2.9972771

intermediate term up The intermediate-term trend has been UP since Jul 25th, 2022 at 2.4874132

short term up The short-term trend has been UP since Aug 8th, 2022 at 2.4693758

Smart Scan Analysis for ZARUYU

Based on our trend formula, ZARUYU is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ZARUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4482856 2.4502328 2.4321276 2.4493983 +0.0011130
Prev. Close Volume Bid Ask Time
2.4482856 2022-08-09 15:03:12
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