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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
South African Rand/United Arab Emirates Dirham (FOREX:ZARAED)
Bull Market Weakness (+75) - ZARAED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARAED as it may be in the beginning stages 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.
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MarketClub’s Trade Triangles for ZARAED
The long-term trend has been DOWN since Dec 18th, 2024 at 0.19966921
The intermediate-term trend has been UP since Jan 16th, 2025 at 0.20123274
The short-term trend has been UP since Jan 14th, 2025 at 0.19679285
Smart Scan Analysis for ZARAED
Based on our trend formula, ZARAED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.19638405 | 0.19782449 | 0.19560772 | 0.19727717 | +0.00089300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.19638405 | 2025-01-20 09:46:12 |