Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

South African Rand/Rwandan Franc (FOREX:ZARRWF)

Crossroads (-60) - ZARRWF 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 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
66.999291	67.151380	66.999291	67.151380	+0.152089
Entry Signal

MarketClub’s Trade Triangles for ZARRWF

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

The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 67.609010

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 -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
66.999291	67.151380	66.999291	67.151380	+0.152089
Prev. Close	Volume	Bid	Ask	Time
67.833410				2024-04-23 21:01:41

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