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Forex Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

South African Rand/Uruguayan Peso (FOREX:ZARUYU)

Weak Downtrend (-65) - ZARUYU is showing signs of a strengthening downtrend. Monitor ZARUYU as it may be building momentum to the downside.

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
1.9962080 2.0156933 1.9956120 2.0094860 +0.0132780
Entry Signal

MarketClub’s Trade Triangles for ZARUYU

long term down The long-term trend has been DOWN since Feb 10th, 2023 at 2.1823283

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2023 at 2.1065451

short term up The short-term trend has been UP since Jun 2nd, 2023 at 1.9769163

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
1.9962080 2.0156933 1.9956120 2.0094860 +0.0132780
Prev. Close Volume Bid Ask Time
1.9962080 2023-06-05 18:23:41
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