Forex Trend Analysis Report
Prepared for you on Wednesday, January 15, 2025.
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.
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MarketClub’s Trade Triangles for ZARINR
The long-term trend has been DOWN since Dec 23rd, 2024 at 4.5922474
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 4.6252003
The short-term trend has been UP since Jan 13th, 2025 at 4.5585384
Smart Scan Analysis for ZARINR
Based on our trend formula, ZARINR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4.5682065 | 4.5701433 | 4.5648941 | 4.5677303 | -0.0004760 |
Prev. Close | Volume | Bid | Ask | Time |
4.5682065 | 2025-01-15 00:54:30 |