Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
South African Rand/Australian Dollar (FOREX:ZARAUD)
Weak Downtrend (-65) - ZARAUD is showing signs of a strengthening downtrend. Monitor ZARAUD as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for ZARAUD
The long-term trend has been DOWN since Oct 11th, 2021 at 0.0907735
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.0927865
The short-term trend has been UP since Oct 14th, 2021 at 0.0917155
Smart Scan Analysis for ZARAUD
Based on our trend formula, ZARAUD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).