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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.

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

MarketClub’s Trade Triangles for ZARJOD

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

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

short term down 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
Smart Scan Analysis for ZARJOD
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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