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.
MarketClub’s Trade Triangles for ZARDZD
The long-term trend has been UP since Sep 15th, 2020 at 7.824466
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 8.803476
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).