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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

South African Rand/Viet Nam Dong (FOREX:ZARVND)

Sidelines Mode (-55) - ZARVND 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 ZARVND?

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

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

FOREX_ZARVND
Open High Low ZARVND Price Change
1292.7458 1295.3796 1291.8144 1295.3796 +2.6338
Entry Signal

MarketClub’s Trade Triangles for ZARVND

long term down The long-term trend has been DOWN since Feb 6th, 2023 at 1332.9418

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2023 at 1360.4196

short term up The short-term trend has been UP since Mar 22nd, 2023 at 1281.8784

Smart Scan Analysis for ZARVND

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

-55
Smart Scan Analysis for ZARVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1292.7458 1295.3796 1291.8144 1295.3796 +2.6338
Prev. Close Volume Bid Ask Time
1292.7458 2023-03-26 23:55:25
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