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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.

FOREX_ZARIDR
Open High Low ZARIDR Price Change
827.9231 828.9866 825.2443 827.0517 -0.8714
Entry Signal

MarketClub’s Trade Triangles for ZARIDR

long term up The long-term trend has been UP since Jul 28th, 2023 at 867.1327

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 832.8781

short term down 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).

+75
Smart Scan Analysis for ZARIDR
Strong Downtrend Sideways 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
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