Forex Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
South African Rand/Viet Nam Dong (FOREX:ZARVND)
Bear Market Rally (-75) - ZARVND is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARVND as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for ZARVND
The long-term trend has been DOWN since Jul 21st, 2021 at 1571.2570
The intermediate-term trend has been UP since Aug 31st, 2021 at 1554.0474
The short-term trend has been DOWN since Sep 16th, 2021 at 1596.7864
Smart Scan Analysis for ZARVND
Based on our trend formula, ZARVND is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).