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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

South African Rand/Argentine Peso (FOREX:ZARARS)

Weak Downtrend (-65) - ZARARS is showing signs of a strengthening downtrend. Monitor ZARARS as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ?

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
4.1265341 4.1265341 4.0991832 4.1061536 -0.0203800
Entry Signal

MarketClub’s Trade Triangles for ZARARS

long term up The long-term trend has been UP since Dec 18th, 2017 at 1.3504000

intermediate term down The intermediate-term trend has been DOWN since Jan 14th, 2020 at 4.1361323

short term down The short-term trend has been DOWN since Feb 17th, 2020 at 4.0995133

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
Smart Scan Analysis for ZARARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1265341 4.1265341 4.0991832 4.1061536 -0.0203800
Prev. Close Volume Bid Ask Time
4.1265341 4.1058765 4.1064308 2020-02-17 19:31:44
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