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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for ZARDZD
The long-term trend has been UP since May 5th, 2024 at 7.282851
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 7.465040
The short-term trend has been DOWN since Nov 11th, 2024 at 7.465040
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 |
|---|---|---|---|---|
| 7.383318 | 7.387186 | 7.382803 | 7.387186 | +0.003868 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.383318 | 2024-11-20 01:51:23 |