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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

South African Rand/Uruguayan Peso (FOREX:ZARUYU)

Sidelines Mode (+55) - ZARUYU 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 ZARUYU?

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

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

FOREX_ZARUYU
Open High Low ZARUYU Price Change
2.3725414 2.3957368 2.3715729 2.3890386 +0.0164970
Entry Signal

MarketClub’s Trade Triangles for ZARUYU

long term up The long-term trend has been UP since May 16th, 2024 at 2.1050000

intermediate term up The intermediate-term trend has been UP since Dec 9th, 2024 at 2.4137894

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 2.4579544

Smart Scan Analysis for ZARUYU

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

+55
Smart Scan Analysis for ZARUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3725414 2.3957368 2.3715729 2.3890386 +0.0164970
Prev. Close Volume Bid Ask Time
2.3725414 2024-12-26 07:19:17
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