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Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
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, ZARAED 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.
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MarketClub’s Trade Triangles for ZARAED
The long-term trend has been DOWN since Apr 18th, 2024 at 0.18943003
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.19221359
The short-term trend has been DOWN since Apr 10th, 2024 at 0.19588873
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.19082575 | 0.19265368 | 0.18962769 | 0.19052600 | -0.00030000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.19082575 | 2024-04-19 17:02:45 |