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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

South African Rand/Indian Rupee (FOREX:ZARINR)

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

Is it time to buy, sell, or avoid ZARINR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARINR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARINR
Open High Low ZARINR Price Change
4.7539291 4.7978020 4.7437695 4.7622815 +0.0083520
Entry Signal

MarketClub’s Trade Triangles for ZARINR

long term up The long-term trend has been UP since Oct 26th, 2020 at 4.5804719

intermediate term down The intermediate-term trend has been DOWN since Mar 3rd, 2021 at 4.8395945

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 4.8575538

Smart Scan Analysis for ZARINR

Based on our trend formula, ZARINR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZARINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.7539291 4.7978020 4.7437695 4.7622815 +0.0083520
Prev. Close Volume Bid Ask Time
4.7622815 2021-03-05 18:52:40
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