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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

South African Rand/Saudi Arabian Riyal (FOREX:ZARSAR)

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

Is it time to buy, sell, or avoid ZARSAR?

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

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

FOREX_ZARSAR
Open High Low ZARSAR Price Change
0.25618090 0.25836539 0.25618090 0.25836539 +0.00218400
Entry Signal

MarketClub’s Trade Triangles for ZARSAR

long term down The long-term trend has been DOWN since Jul 23rd, 2021 at 0.25289846

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 0.25686360

short term up The short-term trend has been UP since Oct 1st, 2021 at 0.25118679

Smart Scan Analysis for ZARSAR

Based on our trend formula, ZARSAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZARSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25618090 0.25836539 0.25618090 0.25836539 +0.00218400
Prev. Close Volume Bid Ask Time
0.25618090 2021-10-19 12:22:44
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