Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

South African Rand/Canadian Dollar (FOREX:ZARCAD)

Weak Uptrend (+65) - ZARCAD is showing signs of weakening momentum to the upside. Monitor ZARCAD as it may be in the beginning stages 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.

FOREX_ZARCAD
Open High Low ZARCAD Price Change
0.0848105 0.0848745 0.0844380 0.0847745 -0.0000360
Entry Signal

MarketClub’s Trade Triangles for ZARCAD

long term up The long-term trend has been UP since Jul 15th, 2020 at 0.0818775

intermediate term up The intermediate-term trend has been UP since Oct 22nd, 2020 at 0.0810955

short term down The short-term trend has been DOWN since Nov 27th, 2020 at 0.0847520

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
0.0848105 0.0848745 0.0844380 0.0847745 -0.0000360
Prev. Close Volume Bid Ask Time
0.0848105 2020-12-04 06:12:46
Get a free daily analysis and signals for South African Rand/Canadian Dollar (ZARCAD) - Request Your Free Report.