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Forex Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

South African Rand/Euro (FOREX:ZAREUR)

Crossroads (+60) - ZAREUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.05786680 0.05850850 0.05785732 0.05834687 +0.00048000
Entry Signal

MarketClub’s Trade Triangles for ZAREUR

long term down The long-term trend has been DOWN since Jul 25th, 2021 at 0.05714543

intermediate term up The intermediate-term trend has been UP since Jan 19th, 2022 at 0.05720043

short term up The short-term trend has been UP since Jan 3rd, 2022 at 0.05569077

Smart Scan Analysis for ZAREUR

Based on our trend formula, ZAREUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ZAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05786680 0.05850850 0.05785732 0.05834687 +0.00048000
Prev. Close Volume Bid Ask Time
0.05786680 2022-01-21 15:35:01
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