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Forex Trend Analysis Report

Prepared for you on Wednesday, November 25, 2020.

South African Rand/Euro (FOREX:ZAREUR)

Long-Term Uptrend (+90) - ZAREUR is in a strong uptrend that is likely to continue. While ZAREUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

FOREX_ZAREUR
Open High Low ZAREUR Price Change
0.05527474 0.05544407 0.05504547 0.05505314 -0.00022200
Entry Signal

MarketClub’s Trade Triangles for ZAREUR

long term up The long-term trend has been UP since Nov 1st, 2020 at 0.05298294

intermediate term up The intermediate-term trend has been UP since Aug 24th, 2020 at 0.04991850

short term up The short-term trend has been UP since Nov 20th, 2020 at 0.05506912

Smart Scan Analysis for ZAREUR

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

+90
Smart Scan Analysis for ZAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05527474 0.05544407 0.05504547 0.05505314 -0.00022200
Prev. Close Volume Bid Ask Time
0.05527474 2020-11-25 08:35:25
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