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Forex Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

South African Rand/Viet Nam Dong (FOREX:ZARVND)

Countertrend Up (+85) - ZARVND is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_ZARVND
Open High Low ZARVND Price Change
1371.3938 1371.3938 1371.3938 1371.3938 0.0000
Entry Signal

MarketClub’s Trade Triangles for ZARVND

long term up The long-term trend has been UP since Apr 27th, 2020 at 1230.7962

intermediate term up The intermediate-term trend has been UP since Apr 27th, 2020 at 1230.7962

short term up The short-term trend has been UP since May 19th, 2020 at 1266.2853

Smart Scan Analysis for ZARVND

Based on our trend formula, ZARVND is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ZARVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1371.3938 1371.3938 1371.3938 1371.3938 0.0000
Prev. Close Volume Bid Ask Time
1371.3938 1350.3392 1392.4484 2020-06-03 21:09:24
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