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.

Open	High	Low	ZARJOD Price	Change
0.04697173	0.04752143	0.04697173	0.04747878	+0.00050700
Entry Signal

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).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.04697173	0.04752143	0.04697173	0.04747878	+0.00050700
Prev. Close	Volume	Bid	Ask	Time
0.04697173				2021-03-01 12:01:45

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