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Forex Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

South African Rand/Swiss Franc (FOREX:ZARCHF)

Long-Term Downtrend (-90) - ZARCHF is in a strong downtrend that is likely to continue. While ZARCHF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.06504335 0.06545500 0.06467395 0.06545074 +0.00040700
Entry Signal

MarketClub’s Trade Triangles for ZARCHF

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 0.06466500

intermediate term down The intermediate-term trend has been DOWN since Jan 6th, 2020 at 0.06766280

short term down The short-term trend has been DOWN since Feb 17th, 2020 at 0.06544296

Smart Scan Analysis for ZARCHF

Based on our trend formula, ZARCHF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ZARCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06504335 0.06545500 0.06467395 0.06545074 +0.00040700
Prev. Close Volume Bid Ask Time
0.06504335 0.06544950 0.06545197 2020-02-21 11:39:50
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