Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
/South African Rand (FOREX:GHSZAR)
Countertrend Down (-85) - GHSZAR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
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MarketClub’s Trade Triangles for GHSZAR
The long-term trend has been DOWN since Nov 6th, 2023 at 1.5722218
The intermediate-term trend has been DOWN since Jan 28th, 2024 at 1.5549120
The short-term trend has been UP since Mar 18th, 2024 at 1.4610423
Smart Scan Analysis for GHSZAR
Based on our trend formula, GHSZAR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.4578129 | 1.4578129 | 1.4578129 | 1.4578129 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
1.4578129 | 2024-03-19 08:25:56 |