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.
MarketClub’s Trade Triangles for ZARCAD
The long-term trend has been UP since Apr 15th, 2021 at 0.0878530
The intermediate-term trend has been UP since Mar 22nd, 2021 at 0.0851655
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).