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Forex Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

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

Weak Downtrend (-65) - ZARVND is showing signs of a strengthening downtrend. Monitor ZARVND as it may be building momentum to the downside.

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
1401.7652 1404.8337 1397.2440 1398.4898 -3.2754
Entry Signal

MarketClub’s Trade Triangles for ZARVND

long term up The long-term trend has been UP since May 9th, 2024 at 1377.8286

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 1422.1188

short term down The short-term trend has been DOWN since Nov 25th, 2024 at 1398.3345

Smart Scan Analysis for ZARVND

Based on our trend formula, ZARVND is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZARVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1401.7652 1404.8337 1397.2440 1398.4898 -3.2754
Prev. Close Volume Bid Ask Time
1401.7652 2024-12-04 18:49:56
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