Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
South African Rand/Fijian Dollar (FOREX:ZARFJD)
Sidelines Mode (-55) - ZARFJD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Aug 17th, 2021 at 0.13934219
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.14145728
The short-term trend has been UP since Oct 13th, 2021 at 0.14163534
Smart Scan Analysis for ZARFJD
Based on our trend formula, ZARFJD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).