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Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

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

Sidelines Mode (+50) - ZARVND is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARVND can gain momentum.

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
1545.2603 1545.2603 1545.2603 1545.2603 0.0000
Entry Signal

MarketClub’s Trade Triangles for ZARVND

long term down The long-term trend has been DOWN since Jul 21st, 2021 at 1571.2570

intermediate term up The intermediate-term trend has been UP since Oct 17th, 2021 at 1541.1742

short term up The short-term trend has been UP since Oct 4th, 2021 at 1511.0749

Smart Scan Analysis for ZARVND

Based on our trend formula, ZARVND is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ZARVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1545.2603 1545.2603 1545.2603 1545.2603 0.0000
Prev. Close Volume Bid Ask Time
1545.2603 2021-10-18 21:09:28
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