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RAND / US DOLLAR

ZARUSD
 
     
 
     
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ZARUSD Forex Chart

 

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luckylegs10 luckylegs10 ZARUSD, M,
ZARUSD: 08-03 South African Rand Chart (by Got Goldies)
11 0 1
ZARUSD, M
08-03 South African Rand Chart (by Got Goldies)

Time to take profits?

RudiMarin RudiMarin PRO (ZAREUR+ZARGBP+ZARUSD+ZARNZD+ZARCAD+ZARJPY/8)/6, W, Short ,
(ZAREUR+ZARGBP+ZARUSD+ZARNZD+ZARCAD+ZARJPY/8)/6: South African Rand at risk of resuming its downtrend. #ZAR
South African Rand at risk of resuming its downtrend. #ZAR

The Rand has been in a Long Term downtrend. After breaking out a rising channel, which looked corrective, it now appears ready to resume lower.

luckylegs10 luckylegs10 ZARUSD, W, Long ,
ZARUSD: South African Rand Chart (by Got Goldies)
23 0 4
ZARUSD, W Long
South African Rand Chart (by Got Goldies)

I'm using my new charting system for the ZAR.. should bounce to retest line at 9 cents. but will be rejected since there is only 1 bottom previously there (see my note on the left)

shingo_y shingo_y PRO ZARUSD, W, Long ,
ZARUSD: COMMODITY CURRENCY: ZARUSD
59 0 3
ZARUSD, W Long
COMMODITY CURRENCY: ZARUSD

LOGN: ZARUSD, SHORT: PLATINUM

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