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Forex Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

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.

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FOREX_ZARAED
Open High Low ZARAED Price Change
0.19782960 0.19827341 0.19234682 0.19293250 -0.00489700
Entry Signal

MarketClub’s Trade Triangles for ZARAED

long term down The long-term trend has been DOWN since Feb 20th, 2020 at 0.24229017

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2020 at 0.25421743

short term down The short-term trend has been DOWN since Mar 29th, 2020 at 0.20791561

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).

-100
Smart Scan Analysis for ZARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.19782960 0.19827341 0.19234682 0.19293250 -0.00489700
Prev. Close Volume Bid Ask Time
0.19782960 0.19278048 0.19308451 2020-04-03 17:10:34
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