Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, September 26, 2023.

South African Rand/Argentine Peso (FOREX:ZARARS)

Sidelines Mode (+55) - ZARARS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
18.592517 18.596109 18.356181 18.375833 -0.216684
Entry Signal

MarketClub’s Trade Triangles for ZARARS

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

intermediate term up The intermediate-term trend has been UP since Jun 5th, 2023 at 12.403700

short term down The short-term trend has been DOWN since Sep 26th, 2023 at 18.389312

Smart Scan Analysis for ZARARS

Based on our trend formula, ZARARS is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.592517 18.596109 18.356181 18.375833 -0.216684
Prev. Close Volume Bid Ask Time
18.592517 2023-09-26 14:06:35
Get a free daily analysis and signals for South African Rand/Argentine Peso (ZARARS) - Request Your Free Report.