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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

South African Rand/New Zealand Dollar (FOREX:ZARNZD)

Crossroads (+60) - ZARNZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_ZARNZD
Open High Low ZARNZD Price Change
0.08838508 0.08860635 0.08836897 0.08842809 +0.00004300
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term down The long-term trend has been DOWN since Nov 30th, 2023 at 0.0856605

intermediate term up The intermediate-term trend has been UP since Mar 11th, 2024 at 0.0869520

short term up The short-term trend has been UP since Mar 20th, 2024 at 0.0877108

Smart Scan Analysis for ZARNZD

Based on our trend formula, ZARNZD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.08838508 0.08860635 0.08836897 0.08842809 +0.00004300
Prev. Close Volume Bid Ask Time
0.08838508 2024-03-29 05:20:33
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