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Forex Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

South African Rand/Rwandan Franc (FOREX:ZARRWF)

Sidelines Mode (+55) - ZARRWF 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 ZARRWF?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARRWF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low ZARRWF Price Change
68.566 68.566 68.566 68.566 0.000
Entry Signal

MarketClub’s Trade Triangles for ZARRWF

long term up The long-term trend has been UP since Jun 18th, 2023 at 62.600317

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 67.421300

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 68.879860

Smart Scan Analysis for ZARRWF

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

Smart Scan Analysis for ZARRWF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.566 68.566 68.566 68.566 0.000
Prev. Close Volume Bid Ask Time
68.566 2024-04-12 07:26:20
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