Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, February 27, 2021.

US Dollar/South African Rand (FOREX:USDZAR)

Weak Uptrend (+65) - USDZAR is showing signs of weakening momentum to the upside. Monitor USDZAR as it may be in the beginning stages of a reversal.

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

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

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

FOREX_USDZAR
Open High Low USDZAR Price Change
15.1151 15.1151 15.1151 15.1151 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDZAR

long term up The long-term trend has been UP since Feb 5th, 2021 at 16.42934

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2021 at 14.77330

short term up The short-term trend has been UP since Feb 25th, 2021 at 14.92160

Smart Scan Analysis for USDZAR

Based on our trend formula, USDZAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for USDZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.1151 15.1151 15.1151 15.1151 0.0000
Prev. Close Volume Bid Ask Time
15.1151 2021-02-27 23:00:12
Get a free daily analysis and signals for US Dollar/South African Rand (USDZAR) - Request Your Free Report.