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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South African Rand/Indian Rupee (FOREX:ZARINR)
Countertrend Down (-85) - ZARINR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Dec 25th, 2024 at 4.6536110
Smart Scan Analysis for ZARINR
Based on our trend formula, ZARINR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5470020 | 4.5892166 | 4.5353404 | 4.5353404 | -0.0116620 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5470020 | 2024-12-26 09:36:30 |