Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
South African Rand/Fijian Dollar (FOREX:ZARFJD)
Bull Market Weakness (+75) - ZARFJD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARFJD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARFJD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARFJD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARFJD
The long-term trend has been UP since Jul 19th, 2023 at 0.12440944
The intermediate-term trend has been UP since Sep 28th, 2023 at 0.12106244
The short-term trend has been UP since Sep 28th, 2023 at 0.12106244
Smart Scan Analysis for ZARFJD
Based on our trend formula, ZARFJD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).