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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

South African Rand/United Arab Emirates Dirham (FOREX:ZARAED)

Bear Market Rally (-75) - ZARAED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARAED as it may be in the beginning of a reversal.

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.

FOREX_ZARAED
Open High Low ZARAED Price Change
0.24589239 0.24719101 0.24308648 0.24325601 -0.00263600
Entry Signal

MarketClub’s Trade Triangles for ZARAED

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 0.22356164

intermediate term up The intermediate-term trend has been UP since Feb 9th, 2021 at 0.24873181

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 0.24612077

Smart Scan Analysis for ZARAED

Based on our trend formula, ZARAED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ZARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24589239 0.24719101 0.24308648 0.24325601 -0.00263600
Prev. Close Volume Bid Ask Time
0.24589239 2021-03-03 16:46:13
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