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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

South African Rand/Indonesian Rupiah (FOREX:ZARIDR)

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

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
837.8756 839.9188 835.1253 836.2138 -1.6618
Entry Signal

MarketClub’s Trade Triangles for ZARIDR

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 919.7424

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2020 at 857.9284

short term up The short-term trend has been UP since May 19th, 2020 at 809.3327

Smart Scan Analysis for ZARIDR

Based on our trend formula, ZARIDR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ZARIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
837.8756 839.9188 835.1253 836.2138 -1.6618
Prev. Close Volume Bid Ask Time
837.8756 824.2222 848.2054 2020-05-25 05:33:16
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