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Forex Trend Analysis Report

Prepared for you on Sunday, June 20, 2021.

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

Sidelines Mode (+55) - ZARNZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.10037308 0.10037308 0.10037308 0.10037308 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term up The long-term trend has been UP since Apr 1st, 2021 at 0.09713556

intermediate term up The intermediate-term trend has been UP since May 11th, 2021 at 0.09822557

short term down The short-term trend has been DOWN since Jun 15th, 2021 at 0.10140400

Smart Scan Analysis for ZARNZD

Based on our trend formula, ZARNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10037308 0.10037308 0.10037308 0.10037308 0.00000000
Prev. Close Volume Bid Ask Time
0.10037308 2021-06-20 08:38:15
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