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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

South African Rand/Australian Dollar (FOREX:ZARAUD)

Strong Downtrend (-100) - ZARAUD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARAUD continues to fall. Traders should use caution and set stops.

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
0.0813440 0.0815400 0.0807075 0.0807385 -0.0006050
Entry Signal

MarketClub’s Trade Triangles for ZARAUD

long term down The long-term trend has been DOWN since Nov 30th, 2023 at 0.0801245

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.0807510

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 0.0813420

Smart Scan Analysis for ZARAUD

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

-100
Smart Scan Analysis for ZARAUD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0813440 0.0815400 0.0807075 0.0807385 -0.0006050
Prev. Close Volume Bid Ask Time
0.0813440 2024-04-22 21:01:18
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