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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

South African Rand/ (FOREX:ZARGHS)

Weak Downtrend (-65) - ZARGHS is showing signs of a strengthening downtrend. Monitor ZARGHS as it may be building momentum to the downside.

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.

FOREX_ZARGHS
Open High Low ZARGHS Price Change
0.8815471 0.8815471 0.8815471 0.8815471 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZARGHS

long term up The long-term trend has been UP since Nov 6th, 2023 at 0.63604504

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2024 at 0.91457360

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 0.90774160

Smart Scan Analysis for ZARGHS

Based on our trend formula, ZARGHS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZARGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8815471 0.8815471 0.8815471 0.8815471 0.0000000
Prev. Close Volume Bid Ask Time
0.8767363 2024-11-18 07:25:24
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