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Forex Trend Analysis Report
Prepared for you on Sunday, May 5, 2024.
South African Rand/Viet Nam Dong (FOREX:ZARVND)
Strong Uptrend (+100) - ZARVND is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARVND continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for ZARVND
The long-term trend has been UP since Nov 1st, 2023 at 1320.5995
The intermediate-term trend has been UP since Mar 5th, 2024 at 1305.6015
The short-term trend has been UP since Apr 26th, 2024 at 1335.4819
Smart Scan Analysis for ZARVND
Based on our trend formula, ZARVND is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1372.6565 | 1372.6565 | 1372.6565 | 1372.6565 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1372.6565 | 2024-05-03 13:02:59 |