Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
South African Rand/Canadian Dollar (FOREX:ZARCAD)
Bear Market Rally (-75) - ZARCAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARCAD as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for ZARCAD
The long-term trend has been DOWN since Feb 23rd, 2024 at 0.069901
The intermediate-term trend has been UP since Mar 7th, 2024 at 0.072100
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 -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.0713940 | 0.0715355 | 0.0712970 | 0.0713845 | -0.0000090 |
Prev. Close | Volume | Bid | Ask | Time |
0.0713940 | 2024-03-19 04:48:01 |