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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

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

Long-Term Uptrend (+90) - ZARVND is in a strong uptrend that is likely to continue. While ZARVND is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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
1557.7539 1557.7539 1557.7539 1557.7539 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 Feb 9th, 2021 at 1558.0837

short term up The short-term trend has been UP since Feb 23rd, 2021 at 1574.8062

Smart Scan Analysis for ZARVND

Based on our trend formula, ZARVND is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZARVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1557.7539 1557.7539 1557.7539 1557.7539 0.0000
Prev. Close Volume Bid Ask Time
1557.7539 2021-02-25 07:31:41
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