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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Special drawing rights/South African Rand (FOREX:XDRZAR)

Weak Uptrend (+65) - XDRZAR is showing signs of weakening momentum to the upside. Monitor XDRZAR as it may be in the beginning stages of a reversal.

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

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

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

FOREX_XDRZAR
Open High Low XDRZAR Price Change
24.24424 24.24424 24.24424 24.24424 0.00000
Entry Signal

MarketClub’s Trade Triangles for XDRZAR

long term up The long-term trend has been UP since Dec 24th, 2024 at 23.998318

intermediate term up The intermediate-term trend has been UP since Dec 19th, 2024 at 23.905257

short term down The short-term trend has been DOWN since Jan 16th, 2025 at 24.568385

Smart Scan Analysis for XDRZAR

Based on our trend formula, XDRZAR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for XDRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.24424 24.24424 24.24424 24.24424 0.00000
Prev. Close Volume Bid Ask Time
24.34033 2025-01-19 11:30:04
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