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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
South African Rand/Indonesian Rupiah (FOREX:ZARIDR)
Crossroads (+60) - ZARIDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZARIDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARIDR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARIDR
The long-term trend has been DOWN since Dec 25th, 2024 at 855.9235
The intermediate-term trend has been UP since Feb 2nd, 2025 at 884.6780
The short-term trend has been UP since Feb 18th, 2025 at 885.7319
Smart Scan Analysis for ZARIDR
Based on our trend formula, ZARIDR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 888.4497 | 891.4036 | 886.8076 | 887.0226 | -1.4271 |
| Prev. Close | Volume | Bid | Ask | Time |
| 888.4497 | 2025-02-21 16:56:00 |