Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
South African Rand/United Arab Emirates Dirham (FOREX:ZARAED)
Strong Downtrend (-100) - ZARAED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARAED?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARAED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARAED
The long-term trend has been DOWN since Jul 23rd, 2021 at 0.24741960
The intermediate-term trend has been DOWN since Oct 28th, 2021 at 0.24269220
The short-term trend has been DOWN since Nov 10th, 2021 at 0.24283933
Smart Scan Analysis for ZARAED
Based on our trend formula, ZARAED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).