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Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

South African Rand/Uruguayan Peso (FOREX:ZARUYU)

Crossroads (-60) - ZARUYU 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 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
2.1007789 2.1025032 2.0836064 2.0867290 -0.0140500
Entry Signal

MarketClub’s Trade Triangles for ZARUYU

long term up The long-term trend has been UP since Nov 1st, 2023 at 2.1597783

intermediate term down The intermediate-term trend has been DOWN since Nov 22nd, 2023 at 2.1038018

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 2.0684891

Smart Scan Analysis for ZARUYU

Based on our trend formula, ZARUYU is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARUYU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1007789 2.1025032 2.0836064 2.0867290 -0.0140500
Prev. Close Volume Bid Ask Time
2.1007789 2023-12-04 15:51:54
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