Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

South African Rand/Jordanian Dinar (FOREX:ZARJOD)

Bear Market Rally (-75) - ZARJOD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARJOD as it may be in the beginning of a reversal.

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

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

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

Open	High	Low	ZARJOD Price	Change
0.03792980	0.03794368	0.03760909	0.03766824	-0.00026200
Entry Signal

MarketClub’s Trade Triangles for ZARJOD

The long-term trend has been DOWN since Oct 3rd, 2023 at 0.03676158

The intermediate-term trend has been UP since Oct 18th, 2023 at 0.03785834

The short-term trend has been DOWN since Nov 30th, 2023 at 0.03773741

Smart Scan Analysis for ZARJOD

Based on our trend formula, ZARJOD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.03792980	0.03794368	0.03760909	0.03766824	-0.00026200
Prev. Close	Volume	Bid	Ask	Time
0.03792980				2023-12-04 15:22:38

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