Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
South African Rand/Chinese Yuan Renminbi Offshore (FOREX:ZARCNH)
Weak Uptrend (+65) - ZARCNH is showing signs of weakening momentum to the upside. Monitor ZARCNH as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARCNH?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCNH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARCNH
The long-term trend has been UP since Apr 9th, 2024 at 0.39080515
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 0.38018106
The short-term trend has been UP since Apr 24th, 2024 at 0.38054123
Smart Scan Analysis for ZARCNH
Based on our trend formula, ZARCNH is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.38152761 | 0.38791747 | 0.38008188 | 0.38515289 | +0.00362500 |
Prev. Close | Volume | Bid | Ask | Time |
0.38152761 | 2024-04-26 17:08:53 |