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Forex Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

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
0.22631861 0.22804402 0.22433880 0.22544489 -0.00087400
Entry Signal

MarketClub’s Trade Triangles for ZARAED

long term down The long-term trend has been DOWN since Jul 23rd, 2021 at 0.24741960

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2021 at 0.24269220

short term down The short-term trend has been DOWN since Nov 10th, 2021 at 0.24283933

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
0.22631861 0.22804402 0.22433880 0.22544489 -0.00087400
Prev. Close Volume Bid Ask Time
0.22631861 2021-11-26 17:00:35
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