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Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 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.

FOREX_ZARARS
Open High Low ZARARS Price Change
50.398461 50.684336 50.089907 50.614723 +0.216262
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 17th, 2024 at 49.296558

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 50.568756

Smart Scan Analysis for ZARARS

Based on our trend formula, ZARARS is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ZARARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.398461 50.684336 50.089907 50.614723 +0.216262
Prev. Close Volume Bid Ask Time
50.398461 2024-07-25 14:20:34
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