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Forex Trend Analysis Report

Prepared for you on Saturday, July 4, 2020.

Euro/South African Rand (FOREX:EURZAR)

Sidelines Mode (+55) - EURZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_EURZAR
Open High Low EURZAR Price Change
19.163665 19.163665 19.163665 19.163665 0.000000
Entry Signal

MarketClub’s Trade Triangles for EURZAR

long term up The long-term trend has been UP since Feb 27th, 2020 at 16.895090

intermediate term up The intermediate-term trend has been UP since Jun 18th, 2020 at 19.638235

short term down The short-term trend has been DOWN since Jul 1st, 2020 at 19.176550

Smart Scan Analysis for EURZAR

Based on our trend formula, EURZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for EURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.163665 19.163665 19.163665 19.163665 0.000000
Prev. Close Volume Bid Ask Time
19.163665 19.138170 19.189160 2020-07-04 13:06:32
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