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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

South African Rand/ (FOREX:ZARMZN)

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

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

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

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

FOREX_ZARMZN
Open High Low ZARMZN Price Change
4.02 4.02 4.02 4.02 0.00
Entry Signal

MarketClub’s Trade Triangles for ZARMZN

long term down The long-term trend has been DOWN since Mar 9th, 2021 at 4.855

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2021 at 4.235

short term down The short-term trend has been DOWN since Oct 28th, 2021 at 4.235

Smart Scan Analysis for ZARMZN

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

-100
Smart Scan Analysis for ZARMZN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.02 4.02 4.02 4.02 0.00
Prev. Close Volume Bid Ask Time
4.02 3.98 4.06 2021-11-23 04:19:04
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