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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South African Rand/Viet Nam Dong (FOREX:ZARVND)
Long-Term Downtrend (-90) - ZARVND is in a strong downtrend that is likely to continue. While ZARVND is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Dec 24th, 2024 at 1363.9696
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 1388.6228
The short-term trend has been DOWN since Dec 13th, 2024 at 1416.9877
Smart Scan Analysis for ZARVND
Based on our trend formula, ZARVND is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1356.6979 | 1369.2068 | 1356.2678 | 1366.6208 | +9.9229 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1356.6979 | 2024-12-26 06:53:07 |