Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
South African Rand/ (FOREX:ZARGHS)
Sidelines Mode (+50) - ZARGHS is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARGHS can gain momentum.
Is it time to buy, sell, or avoid ZARGHS?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARGHS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARGHS
The long-term trend has been DOWN since Dec 4th, 2024 at 0.8743675
The intermediate-term trend has been UP since Jan 15th, 2025 at 0.7725661
The short-term trend has been UP since Jan 24th, 2025 at 0.8216630
Smart Scan Analysis for ZARGHS
Based on our trend formula, ZARGHS is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8201464 | 0.8267906 | 0.8201464 | 0.8267906 | +0.0066440 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8192104 | 2025-02-02 14:27:09 |