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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
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.
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MarketClub’s Trade Triangles for ZARJOD
The long-term trend has been UP since May 3rd, 2024 at 0.03842810
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 0.03969886
The short-term trend has been UP since Nov 18th, 2024 at 0.03943630
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.03949583 | 0.03949583 | 0.03914692 | 0.03929914 | -0.00019700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.03923337 | 2024-11-19 22:33:34 |