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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

South African Rand/Fijian Dollar (FOREX:ZARFJD)

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

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.

FOREX_ZARFJD
Open High Low ZARFJD Price Change
0.11832064 0.11940688 0.11829643 0.11936952 +0.00104900
Entry Signal

MarketClub’s Trade Triangles for ZARFJD

long term up The long-term trend has been UP since Apr 11th, 2024 at 0.12178914

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2024 at 0.11846013

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 0.12013163

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).

-70
Smart Scan Analysis for ZARFJD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11832064 0.11940688 0.11829643 0.11936952 +0.00104900
Prev. Close Volume Bid Ask Time
0.11910817 2024-04-19 15:56:07
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