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Forex Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

South African Rand/Russian Ruble (FOREX:ZARRUB)

Strong Uptrend (+100) - ZARRUB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARRUB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
5.2901114 5.2951259 5.2809799 5.2912068 +0.0010950
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 up The intermediate-term trend has been UP since Mar 22nd, 2021 at 5.0573401

short term up The short-term trend has been UP since Apr 15th, 2021 at 5.3458998

Smart Scan Analysis for ZARRUB

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

+100
Smart Scan Analysis for ZARRUB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.2901114 5.2951259 5.2809799 5.2912068 +0.0010950
Prev. Close Volume Bid Ask Time
5.2901114 2021-05-12 03:17:29
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