Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

Canadian Dollar/South African Rand (FOREX:CADZAR)

Weak Downtrend (-65) - CADZAR is showing signs of a strengthening downtrend. Monitor CADZAR as it may be building momentum to the downside.

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

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

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

FOREX_CADZAR
Open High Low CADZAR Price Change
12.652425 12.652425 12.652425 12.652425 0.000000
Entry Signal

MarketClub’s Trade Triangles for CADZAR

long term up The long-term trend has been UP since May 2nd, 2022 at 12.54265

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2022 at 12.80840

short term down The short-term trend has been DOWN since Aug 10th, 2022 at 12.86174

Smart Scan Analysis for CADZAR

Based on our trend formula, CADZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CADZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.652425 12.652425 12.652425 12.652425 0.000000
Prev. Close Volume Bid Ask Time
12.652425 2022-08-14 03:40:43
Get a free daily analysis and signals for Canadian Dollar/South African Rand (CADZAR) - Request Your Free Report.