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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 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.

FOREX_ZARIDR
Open High Low ZARIDR Price Change
874.7474 879.7011 871.5738 873.5229 -1.2245
Entry Signal

MarketClub’s Trade Triangles for ZARIDR

long term down The long-term trend has been DOWN since Dec 25th, 2024 at 855.9235

intermediate term up The intermediate-term trend has been UP since Jan 20th, 2025 at 877.1691

short term up The short-term trend has been UP since Jan 13th, 2025 at 860.1991

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).

+60
Smart Scan Analysis for ZARIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
874.7474 879.7011 871.5738 873.5229 -1.2245
Prev. Close Volume Bid Ask Time
874.7474 2025-01-20 09:46:06
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