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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

South African Rand/ (FOREX:ZARGHS)

Strong Downtrend (-100) - ZARGHS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARGHS continues to fall. Traders should use caution and set stops.

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.

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FOREX_ZARGHS
Open High Low ZARGHS Price Change
0.7997027 0.7997027 0.7997027 0.7997027 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZARGHS

long term down The long-term trend has been DOWN since Dec 4th, 2024 at 0.8743675

intermediate term down The intermediate-term trend has been DOWN since Nov 18th, 2024 at 0.9145736

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 0.9077416

Smart Scan Analysis for ZARGHS

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

-100
Smart Scan Analysis for ZARGHS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7997027 0.7997027 0.7997027 0.7997027 0.0000000
Prev. Close Volume Bid Ask Time
0.7864897 2024-12-21 08:23:54
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