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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

South African Rand/Swiss Franc (FOREX:ZARCHF)

Bull Market Weakness (+75) - ZARCHF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARCHF as it may be in the beginning stages of a reversal.

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

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

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

FOREX_ZARCHF
Open High Low ZARCHF Price Change
0.06293987 0.06364888 0.06287007 0.06360579 +0.00066600
Entry Signal

MarketClub’s Trade Triangles for ZARCHF

long term down The long-term trend has been DOWN since Jul 13th, 2021 at 0.06278152

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2021 at 0.06335214

short term up The short-term trend has been UP since Oct 13th, 2021 at 0.06230000

Smart Scan Analysis for ZARCHF

Based on our trend formula, ZARCHF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZARCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06293987 0.06364888 0.06287007 0.06360579 +0.00066600
Prev. Close Volume Bid Ask Time
0.06293987 2021-10-19 21:11:52
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