Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Special drawing rights/South African Rand (FOREX:XDRZAR)
Sidelines Mode (-55) - XDRZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Dec 24th, 2024 at 23.998318
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 24.244240
The short-term trend has been UP since Feb 12th, 2025 at 24.152961
Smart Scan Analysis for XDRZAR
Based on our trend formula, XDRZAR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.082113 | 24.082113 | 24.082113 | 24.082113 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.082113 | 2025-02-22 01:41:06 |