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Forex Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

South African Rand/Algerian Dinar (FOREX:ZARDZD)

Bull Market Weakness (+75) - ZARDZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARDZD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ZARDZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARDZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARDZD
Open High Low ZARDZD Price Change
7.602945 7.656193 7.593700 7.638147 +0.035202
Entry Signal

MarketClub’s Trade Triangles for ZARDZD

long term down The long-term trend has been DOWN since May 2nd, 2022 at 9.014765

intermediate term up The intermediate-term trend has been UP since Mar 30th, 2023 at 7.525667

short term up The short-term trend has been UP since Mar 22nd, 2023 at 7.400038

Smart Scan Analysis for ZARDZD

Based on our trend formula, ZARDZD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ZARDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.602945 7.656193 7.593700 7.638147 +0.035202
Prev. Close Volume Bid Ask Time
7.602945 2023-03-31 17:17:43
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