Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

South African Rand/Argentine Peso (FOREX:ZARARS)

Bull Market Weakness (+75) - ZARARS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARARS as it may be in the beginning stages of a reversal.

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.

Open	High	Low	ZARARS Price	Change
45.706684	45.745598	45.324620	45.398748	-0.307936
Entry Signal

MarketClub’s Trade Triangles for ZARARS

The long-term trend has been UP since Jan 21st, 2022 at 6.919332

The intermediate-term trend has been UP since Mar 5th, 2024 at 44.623800

The short-term trend has been UP since Apr 24th, 2024 at 45.734083

Smart Scan Analysis for ZARARS

Based on our trend formula, ZARARS is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
45.706684	45.745598	45.324620	45.398748	-0.307936
Prev. Close	Volume	Bid	Ask	Time
45.706684				2024-04-24 19:33:04

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