Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
South African Rand/Indonesian Rupiah (FOREX:ZARIDR)
Bull Market Weakness (+75) - ZARIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARIDR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARIDR.
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 ZARIDR
The long-term trend has been UP since Jul 28th, 2023 at 867.1327
The intermediate-term trend has been UP since Mar 5th, 2024 at 832.8781
The short-term trend has been DOWN since Mar 18th, 2024 at 830.8604
Smart Scan Analysis for ZARIDR
Based on our trend formula, ZARIDR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
827.9231 | 828.9866 | 825.2443 | 827.0517 | -0.8714 |
Prev. Close | Volume | Bid | Ask | Time |
827.9231 | 2024-03-19 04:43:31 |