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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

South African Rand/Japanese Yen (FOREX:ZARJPY)

Bull Market Weakness (+75) - ZARJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARJPY as it may be in the beginning stages of a reversal.

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

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

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

FOREX_ZARJPY
Open High Low ZARJPY Price Change
7.68595 7.68855 7.65175 7.65245 -0.03350
Entry Signal

MarketClub’s Trade Triangles for ZARJPY

long term up The long-term trend has been UP since Oct 15th, 2021 at 7.82320

intermediate term up The intermediate-term trend has been UP since Oct 11th, 2021 at 7.54775

short term down The short-term trend has been DOWN since Oct 22nd, 2021 at 7.74540

Smart Scan Analysis for ZARJPY

Based on our trend formula, ZARJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ZARJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.68595 7.68855 7.65175 7.65245 -0.03350
Prev. Close Volume Bid Ask Time
7.68595 2021-10-25 02:56:11
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