Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

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
0.0809646 0.0810770 0.0808655 0.0810055 +0.0000410
Entry Signal

MarketClub’s Trade Triangles for ZARAUD

long term down The long-term trend has been DOWN since Nov 30th, 2023 at 0.08012450

intermediate term up The intermediate-term trend has been UP since Mar 15th, 2024 at 0.08153937

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 0.08086050

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
0.0809646 0.0810770 0.0808655 0.0810055 +0.0000410
Prev. Close Volume Bid Ask Time
0.0809646 2024-03-28 04:11:46
Get a free daily analysis and signals for South African Rand/Australian Dollar (ZARAUD) - Request Your Free Report.