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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

South African Rand/Argentine Peso (FOREX:ZARARS)

Countertrend Up (+85) - ZARARS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_ZARARS
Open High Low ZARARS Price Change
5.2787195 5.3491142 5.2710559 5.3319923 +0.0532730
Entry Signal

MarketClub’s Trade Triangles for ZARARS

long term up The long-term trend has been UP since Jun 5th, 2020 at 4.0898728

intermediate term up The intermediate-term trend has been UP since Aug 24th, 2020 at 4.2968329

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 5.2829200

Smart Scan Analysis for ZARARS

Based on our trend formula, ZARARS is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for ZARARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.2787195 5.3491142 5.2710559 5.3319923 +0.0532730
Prev. Close Volume Bid Ask Time
5.2787195 2020-12-01 12:20:56
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