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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
South African Rand/Moroccan Dirham (FOREX:ZARMAD)
Sidelines Mode (+50) - ZARMAD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARMAD can gain momentum.
Is it time to buy, sell, or avoid ZARMAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMAD.
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 ZARMAD
The long-term trend has been DOWN since Dec 30th, 2024 at 0.54683791
The intermediate-term trend has been UP since Feb 2nd, 2025 at 0.54205878
The short-term trend has been UP since Feb 2nd, 2025 at 0.54205878
Smart Scan Analysis for ZARMAD
Based on our trend formula, ZARMAD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.53708409 | 0.53708409 | 0.53708409 | 0.53708409 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.53708409 | 2025-02-04 07:25:22 |