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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

South African Rand/Fijian Dollar (FOREX:ZARFJD)

Bull Market Weakness (+75) - ZARFJD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARFJD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZARFJD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARFJD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARFJD
Open High Low ZARFJD Price Change
0.12264997 0.12268146 0.12251318 0.12251318 -0.00013700
Entry Signal

MarketClub’s Trade Triangles for ZARFJD

long term up The long-term trend has been UP since Apr 11th, 2024 at 0.12178914

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 0.12194001

short term down The short-term trend has been DOWN since May 7th, 2024 at 0.12121759

Smart Scan Analysis for ZARFJD

Based on our trend formula, ZARFJD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ZARFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12264997 0.12268146 0.12251318 0.12251318 -0.00013700
Prev. Close Volume Bid Ask Time
0.12264997 2024-05-09 02:48:11
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