Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
/South African Rand (FOREX:GHSZAR)
Sidelines Mode (+50) - GHSZAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GHSZAR can gain momentum.
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 DOWN since Nov 6th, 2023 at 1.5722218
The intermediate-term trend has been UP since Nov 18th, 2024 at 1.0934079
The short-term trend has been UP since Nov 18th, 2024 at 1.1016374
Smart Scan Analysis for GHSZAR
Based on our trend formula, GHSZAR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1343718 | 1.1343718 | 1.1343718 | 1.1343718 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1405964 | 2024-11-18 07:25:24 |