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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

/South African Rand (FOREX:GHSZAR)

Strong Downtrend (-100) - GHSZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GHSZAR continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_GHSZAR
Open High Low GHSZAR Price Change
1.7077695 1.7077695 1.7077695 1.7077695 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GHSZAR

long term down The long-term trend has been DOWN since Feb 1st, 2022 at 2.4522646

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2022 at 2.0420581

short term down The short-term trend has been DOWN since Jul 27th, 2022 at 2.0231140

Smart Scan Analysis for GHSZAR

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

-100
Smart Scan Analysis for GHSZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7077695 1.7077695 1.7077695 1.7077695 0.0000000
Prev. Close Volume Bid Ask Time
1.7077695 2022-08-18 21:09:29
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