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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

South African Rand/Australian Dollar (FOREX:ZARAUD)

Sidelines Mode (-55) - ZARAUD 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 ZARAUD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARAUD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARAUD
Open High Low ZARAUD Price Change
0.0855030 0.0855030 0.0855030 0.0855030 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZARAUD

long term down The long-term trend has been DOWN since Mar 29th, 2020 at 0.091047

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 0.084835

short term down The short-term trend has been DOWN since May 29th, 2020 at 0.085866

Smart Scan Analysis for ZARAUD

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

-55
Smart Scan Analysis for ZARAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0855030 0.0855030 0.0855030 0.0855030 0.0000000
Prev. Close Volume Bid Ask Time
0.0855030 0.0854645 0.0855415 2020-05-30 07:36:22
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