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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.

FOREX_ZARVND
Open High Low ZARVND Price Change
1572.1418 1572.1418 1558.1235 1558.1235 -14.0183
Entry Signal

MarketClub’s Trade Triangles for ZARVND

long term down The long-term trend has been DOWN since Jul 21st, 2021 at 1571.2570

intermediate term up The intermediate-term trend has been UP since Aug 31st, 2021 at 1554.0474

short term down 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).

-75
Smart Scan Analysis for ZARVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1572.1418 1572.1418 1558.1235 1558.1235 -14.0183
Prev. Close Volume Bid Ask Time
1558.4084 2021-09-16 21:09:08
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