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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
South African Rand/Ugandan Shilling (FOREX:ZARUGX)
Bear Market Rally (-75) - ZARUGX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARUGX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZARUGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARUGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARUGX
The long-term trend has been DOWN since Apr 21st, 2024 at 199.66458
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 204.81665
The short-term trend has been UP since Apr 25th, 2024 at 198.97984
Smart Scan Analysis for ZARUGX
Based on our trend formula, ZARUGX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 200.73988 | 200.73988 | 200.73988 | 200.73988 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 200.73988 | 2024-04-25 07:26:32 |