Forex Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
/South African Rand (FOREX:GHSZAR)
Crossroads (-60) - GHSZAR 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 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.
MarketClub’s Trade Triangles for GHSZAR
The long-term trend has been UP since Mar 7th, 2021 at 2.6283707
The intermediate-term trend has been DOWN since Mar 31st, 2021 at 2.5604574
The short-term trend has been DOWN since Mar 29th, 2021 at 2.5977401
Smart Scan Analysis for GHSZAR
Based on our trend formula, GHSZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).