Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

South African Rand/Jordanian Dinar (FOREX:ZARJOD)

Bull Market Weakness (+75) - ZARJOD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARJOD as it may be in the beginning stages 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
0.03896767	0.03899627	0.03865709	0.03875247	-0.00021500
Entry Signal

MarketClub’s Trade Triangles for ZARJOD

The long-term trend has been DOWN since Feb 24th, 2023 at 0.03844149

The intermediate-term trend has been UP since Mar 23rd, 2023 at 0.03920184

The short-term trend has been UP since Mar 22nd, 2023 at 0.03885407

Smart Scan Analysis for ZARJOD

Based on our trend formula, ZARJOD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.03896767	0.03899627	0.03865709	0.03875247	-0.00021500
Prev. Close	Volume	Bid	Ask	Time
0.03896767				2023-03-27 19:29:32

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