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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

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

Countertrend Down (-85) - ZARVND is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
1431.2048 1436.8813 1420.7717 1421.4881 -9.7167
Entry Signal

MarketClub’s Trade Triangles for ZARVND

long term down The long-term trend has been DOWN since May 2nd, 2022 at 1433.0265

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 1463.9177

short term up The short-term trend has been UP since Jul 5th, 2022 at 1432.4058

Smart Scan Analysis for ZARVND

Based on our trend formula, ZARVND is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ZARVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1431.2048 1436.8813 1420.7717 1421.4881 -9.7167
Prev. Close Volume Bid Ask Time
1431.2048 2022-07-05 06:09:35
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