Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

South African Rand/Algerian Dinar (FOREX:ZARDZD)

Weak Downtrend (-65) - ZARDZD is showing signs of a strengthening downtrend. Monitor ZARDZD as it may be building momentum to the downside.

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
8.660416 8.664907 8.660416 8.664907 +0.004491
Entry Signal

MarketClub’s Trade Triangles for ZARDZD

long term up The long-term trend has been UP since Sep 15th, 2020 at 7.824466

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2021 at 8.803476

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 8.826379

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
8.660416 8.664907 8.660416 8.664907 +0.004491
Prev. Close Volume Bid Ask Time
8.660416 2021-03-05 16:40:59
Get a free daily analysis and signals for South African Rand/Algerian Dinar (ZARDZD) - Request Your Free Report.