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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

South African Rand/Canadian Dollar (FOREX:ZARCAD)

Weak Downtrend (-65) - ZARCAD is showing signs of a strengthening downtrend. Monitor ZARCAD as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZARCAD?

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

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

FOREX_ZARCAD
Open High Low ZARCAD Price Change
0.0718125 0.0718240 0.0712475 0.0714975 -0.0003150
Entry Signal

MarketClub’s Trade Triangles for ZARCAD

long term down The long-term trend has been DOWN since Feb 23rd, 2024 at 0.069901

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2024 at 0.072100

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 0.071925

Smart Scan Analysis for ZARCAD

Based on our trend formula, ZARCAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ZARCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0718125 0.0718240 0.0712475 0.0714975 -0.0003150
Prev. Close Volume Bid Ask Time
0.0718125 2024-03-28 14:20:38
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