Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
South African Rand/Jordanian Dinar (FOREX:ZARJOD)
Crossroads (-60) - ZARJOD is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for ZARJOD
The long-term trend has been UP since Apr 24th, 2020 at 0.03746572
The intermediate-term trend has been DOWN since Feb 26th, 2021 at 0.04675360
The short-term trend has been DOWN since Feb 25th, 2021 at 0.04755405
Smart Scan Analysis for ZARJOD
Based on our trend formula, ZARJOD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).