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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South African Rand/Egyptian Pound (FOREX:ZAREGP)
Weak Uptrend (+65) - ZAREGP is showing signs of weakening momentum to the upside. Monitor ZAREGP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZAREGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZAREGP.
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 ZAREGP
The long-term trend has been UP since Dec 21st, 2023 at 1.7221228
The intermediate-term trend has been UP since Jun 17th, 2024 at 2.6159588
The short-term trend has been DOWN since Jul 23rd, 2024 at 2.6259652
Smart Scan Analysis for ZAREGP
Based on our trend formula, ZAREGP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for ZAREGP](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
2.6375652 | 2.6532450 | 2.6368665 | 2.6438164 | +0.0062510 |
Prev. Close | Volume | Bid | Ask | Time |
2.6375652 | 2024-07-26 16:59:56 |