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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 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
0.0943725 0.0954850 0.0943060 0.0953429 +0.0009700
Entry Signal

MarketClub’s Trade Triangles for ZARNZD

long term up The long-term trend has been UP since Jun 21st, 2024 at 0.09114100

intermediate term down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 0.09308900

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.09434796

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
0.0943725 0.0954850 0.0943060 0.0953429 +0.0009700
Prev. Close Volume Bid Ask Time
0.0943725 2024-12-26 08:13:44
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