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Forex Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Canadian Dollar/South African Rand (FOREX:CADZAR)

Crossroads (-60) - CADZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
11.718250 11.851104 11.701253 11.820108 +0.101858
Entry Signal

MarketClub’s Trade Triangles for CADZAR

long term up The long-term trend has been UP since Jul 14th, 2021 at 11.811646

intermediate term down The intermediate-term trend has been DOWN since Oct 20th, 2021 at 11.730550

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 11.961950

Smart Scan Analysis for CADZAR

Based on our trend formula, CADZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CADZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.718250 11.851104 11.701253 11.820108 +0.101858
Prev. Close Volume Bid Ask Time
11.718250 2021-10-21 10:58:54
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