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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.

FOREX_ZARMAD
Open High Low ZARMAD Price Change
0.53708409 0.53708409 0.53708409 0.53708409 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARMAD

long term down The long-term trend has been DOWN since Dec 30th, 2024 at 0.54683791

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2025 at 0.54205878

short term up 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).

+50
Smart Scan Analysis for ZARMAD
Strong Downtrend Sideways 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
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