Forex Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
South African Rand/Uruguayan Peso (FOREX:ZARUYU)
Crossroads (-60) - ZARUYU is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for ZARUYU
The long-term trend has been UP since Jul 10th, 2020 at 2.6018744
The intermediate-term trend has been DOWN since Mar 8th, 2021 at 2.8280871
The short-term trend has been DOWN since Mar 4th, 2021 at 2.8559716
Smart Scan Analysis for ZARUYU
Based on our trend formula, ZARUYU is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).