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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
South African Rand/Russian Ruble (FOREX:ZARRUB)
Sidelines Mode (+55) - ZARRUB 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 ZARRUB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARRUB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARRUB
The long-term trend has been UP since Apr 8th, 2024 at 4.9825418
The intermediate-term trend has been UP since Mar 21st, 2024 at 4.9535599
The short-term trend has been DOWN since Apr 18th, 2024 at 4.9066501
Smart Scan Analysis for ZARRUB
Based on our trend formula, ZARRUB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.8798336 | 4.9019801 | 4.8477255 | 4.8661681 | -0.0136660 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.8798336 | 2024-04-19 17:02:49 |