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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

South African Rand/ (FOREX:ZARZMW)

Weak Uptrend (+65) - ZARZMW is showing signs of weakening momentum to the upside. Monitor ZARZMW as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZARZMW?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARZMW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARZMW
Open High Low ZARZMW Price Change
1.4510779 1.4659465 1.4462271 1.4626202 +0.0115420
Entry Signal

MarketClub’s Trade Triangles for ZARZMW

long term up The long-term trend has been UP since Apr 7th, 2020 at 1.0275078

intermediate term up The intermediate-term trend has been UP since Feb 8th, 2021 at 1.4441662

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 1.4553515

Smart Scan Analysis for ZARZMW

Based on our trend formula, ZARZMW is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for ZARZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4510779 1.4659465 1.4462271 1.4626202 +0.0115420
Prev. Close Volume Bid Ask Time
1.4510779 2021-03-01 11:52:18
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