Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
South African Rand/Algerian Dinar (FOREX:ZARDZD)
Crossroads (+60) - ZARDZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARDZD
The long-term trend has been DOWN since Dec 18th, 2024 at 7.322889
The intermediate-term trend has been UP since Apr 28th, 2025 at 7.147406
The short-term trend has been UP since Apr 28th, 2025 at 7.147406
Smart Scan Analysis for ZARDZD
Based on our trend formula, ZARDZD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.282485 | 7.336120 | 7.238737 | 7.304710 | +0.022225 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.282485 | 2025-05-08 20:28:19 |