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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
South African Rand/Viet Nam Dong (FOREX:ZARVND)
Sidelines Mode (-55) - ZARVND is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZARVND?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARVND.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARVND
The long-term trend has been UP since May 9th, 2024 at 1377.8286
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 1422.1188
The short-term trend has been UP since Nov 18th, 2024 at 1402.1539
Smart Scan Analysis for ZARVND
Based on our trend formula, ZARVND is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1407.6648 | 1409.4330 | 1401.0769 | 1403.6565 | -4.0083 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1407.6648 | 2024-11-20 03:46:41 |