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Forex Trend Analysis Report

Prepared for you on Wednesday, January 27, 2021.

South African Rand/Russian Ruble (FOREX:ZARRUB)

Bull Market Weakness (+75) - ZARRUB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARRUB as it may be in the beginning stages of a reversal.

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.

FOREX_ZARRUB
Open High Low ZARRUB Price Change
4.9738841 4.9843975 4.9611538 4.9777861 +0.0039020
Entry Signal

MarketClub’s Trade Triangles for ZARRUB

long term up The long-term trend has been UP since Aug 24th, 2020 at 4.4104196

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2021 at 4.8164785

short term up The short-term trend has been UP since Jan 14th, 2021 at 4.8584162

Smart Scan Analysis for ZARRUB

Based on our trend formula, ZARRUB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ZARRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9738841 4.9843975 4.9611538 4.9777861 +0.0039020
Prev. Close Volume Bid Ask Time
4.9738841 2021-01-27 04:22:22
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