Forex Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

South African Rand/Jordanian Dinar (FOREX:ZARJOD)

Sidelines Mode (-55) - ZARJOD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
0.04825859	0.04840608	0.04797920	0.04839854	+0.00014000
Entry Signal

MarketClub’s Trade Triangles for ZARJOD

The long-term trend has been DOWN since Jul 23rd, 2021 at 0.04783843

The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.04798224

The short-term trend has been UP since Oct 13th, 2021 at 0.04754639

Smart Scan Analysis for ZARJOD

Based on our trend formula, ZARJOD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.04825859	0.04840608	0.04797920	0.04839854	+0.00014000
Prev. Close	Volume	Bid	Ask	Time
0.04825859				2021-10-18 23:12:13

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