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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.

FOREX_ZARINR
Open High Low ZARINR Price Change
4.5682065 4.5701433 4.5648941 4.5677303 -0.0004760
Entry Signal

MarketClub’s Trade Triangles for ZARINR

long term down The long-term trend has been DOWN since Dec 23rd, 2024 at 4.5922474

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 4.6252003

short term up 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).

-65
Smart Scan Analysis for ZARINR
Strong Downtrend Sideways 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
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