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Forex Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

South African Rand/Canadian Dollar (FOREX:ZARCAD)

Strong Uptrend (+100) - ZARCAD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARCAD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.0879575 0.0882520 0.0874170 0.0881970 +0.0002400
Entry Signal

MarketClub’s Trade Triangles for ZARCAD

long term up The long-term trend has been UP since Apr 15th, 2021 at 0.0878530

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2021 at 0.0851655

short term up The short-term trend has been UP since Apr 14th, 2021 at 0.0865615

Smart Scan Analysis for ZARCAD

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

+100
Smart Scan Analysis for ZARCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0879575 0.0882520 0.0874170 0.0881970 +0.0002400
Prev. Close Volume Bid Ask Time
0.0879575 2021-04-20 19:35:28
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