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.
MarketClub’s Trade Triangles for ZARCHF
The long-term trend has been DOWN since Jul 13th, 2021 at 0.06278152
The intermediate-term trend has been UP since Oct 19th, 2021 at 0.06335214
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).