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.
MarketClub’s Trade Triangles for ZARARS
The long-term trend has been UP since Dec 18th, 2017 at 1.3504000
The intermediate-term trend has been DOWN since Jan 14th, 2020 at 4.1361323
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).