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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

South African Rand/Uruguayan Peso (FOREX:ZARUYU)

Weak Uptrend (+65) - ZARUYU is showing signs of weakening momentum to the upside. Monitor ZARUYU as it may be in the beginning stages 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
2.3708215 2.3749407 2.3653514 2.3687590 -0.0020630
Entry Signal

MarketClub’s Trade Triangles for ZARUYU

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

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 2.3317596

short term up The short-term trend has been UP since Nov 15th, 2024 at 2.3493815

Smart Scan Analysis for ZARUYU

Based on our trend formula, ZARUYU is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ZARUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3708215 2.3749407 2.3653514 2.3687590 -0.0020630
Prev. Close Volume Bid Ask Time
2.3708215 2024-11-20 03:37:59
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