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Forex Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

South African Rand/Indonesian Rupiah (FOREX:ZARIDR)

Sidelines Mode (+55) - ZARIDR 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 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.

FOREX_ZARIDR
Open High Low ZARIDR Price Change
933.1854 933.5490 923.4590 924.9036 -8.2818
Entry Signal

MarketClub’s Trade Triangles for ZARIDR

long term up The long-term trend has been UP since Feb 16th, 2021 at 983.9353

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 931.5643

short term up The short-term trend has been UP since Mar 3rd, 2021 at 956.1686

Smart Scan Analysis for ZARIDR

Based on our trend formula, ZARIDR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
933.1854 933.5490 923.4590 924.9036 -8.2818
Prev. Close Volume Bid Ask Time
933.1854 2021-03-08 20:45:21
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