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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

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

Long-Term Uptrend (+90) - ZARAED is in a strong uptrend that is likely to continue. While ZARAED is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.24180347 0.24238758 0.23945161 0.24068203 -0.00112100
Entry Signal

MarketClub’s Trade Triangles for ZARAED

long term up The long-term trend has been UP since Jul 21st, 2020 at 0.22435163

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2020 at 0.21944350

short term up The short-term trend has been UP since Nov 20th, 2020 at 0.24018519

Smart Scan Analysis for ZARAED

Based on our trend formula, ZARAED is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ZARAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24180347 0.24238758 0.23945161 0.24068203 -0.00112100
Prev. Close Volume Bid Ask Time
0.24180347 2020-11-27 17:18:55
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