Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, September 21, 2021.

/South African Rand (FOREX:MZNZAR)

Strong Uptrend (+100) - MZNZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MZNZAR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

FOREX_MZNZAR
Open High Low MZNZAR Price Change
0.27984000 0.28232777 0.27798616 0.28136872 +0.00152900
Entry Signal

MarketClub’s Trade Triangles for MZNZAR

long term up The long-term trend has been UP since Jul 23rd, 2021 at 0.28142370

intermediate term up The intermediate-term trend has been UP since Sep 19th, 2021 at 0.28147644

short term up The short-term trend has been UP since Sep 14th, 2021 at 0.27118280

Smart Scan Analysis for MZNZAR

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

+100
Smart Scan Analysis for MZNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.27984000 0.28232777 0.27798616 0.28136872 +0.00152900
Prev. Close Volume Bid Ask Time
0.27984000 2021-09-21 16:46:59
Get a free daily analysis and signals for /South African Rand (MZNZAR) - Request Your Free Report.