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Forex Trend Analysis Report

Prepared for you on Sunday, July 3, 2022.

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

Strong Downtrend (-100) - ZARVND is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARVND continues to fall. 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.

FOREX_ZARVND
Open High Low ZARVND Price Change
1421.2535 1427.0849 1417.9329 1417.9329 -3.3206
Entry Signal

MarketClub’s Trade Triangles for ZARVND

long term down The long-term trend has been DOWN since May 2nd, 2022 at 1433.0265

intermediate term down The intermediate-term trend has been DOWN since Jun 12th, 2022 at 1463.9177

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 1458.8750

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).

-100
Smart Scan Analysis for ZARVND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1421.2535 1427.0849 1417.9329 1417.9329 -3.3206
Prev. Close Volume Bid Ask Time
1421.2535 2022-07-01 10:14:16
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