Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Special drawing rights/South African Rand (FOREX:XDRZAR)
Crossroads (-60) - XDRZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for XDRZAR
The long-term trend has been DOWN since Apr 8th, 2024 at 24.773303
The intermediate-term trend has been UP since Nov 17th, 2024 at 23.456421
The short-term trend has been UP since Nov 17th, 2024 at 23.369845
Smart Scan Analysis for XDRZAR
Based on our trend formula, XDRZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.698441 | 23.698441 | 23.698441 | 23.698441 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.698441 | 2024-11-18 13:11:45 |