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Forex Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

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
7.631838 7.631838 7.500719 7.534991 -0.096847
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 down The intermediate-term trend has been DOWN since Jul 6th, 2022 at 7.555457

short term up The short-term trend has been UP since Jul 5th, 2022 at 7.732714

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
7.631838 7.631838 7.500719 7.534991 -0.096847
Prev. Close Volume Bid Ask Time
7.631838 2022-07-06 14:47:48
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