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Forex Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

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
9.291933 9.428139 9.285133 9.428139 +0.136206
Entry Signal

MarketClub’s Trade Triangles for ZARDZD

long term down The long-term trend has been DOWN since Aug 19th, 2021 at 9.040216

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 9.374319

short term up The short-term trend has been UP since Oct 1st, 2021 at 9.146539

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
9.291933 9.428139 9.285133 9.428139 +0.136206
Prev. Close Volume Bid Ask Time
9.291933 2021-10-15 17:19:11
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