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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

South African Rand/Namibian Dollar (FOREX:ZARNAD)

Sidelines Mode (+55) - ZARNAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZARNAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARNAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARNAD
Open High Low ZARNAD Price Change
0.9989909 0.9989909 0.9989909 0.9989909 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZARNAD

long term up The long-term trend has been UP since Feb 17th, 2021 at 1.0103694

intermediate term up The intermediate-term trend has been UP since Feb 14th, 2021 at 1.0046334

short term down The short-term trend has been DOWN since Feb 18th, 2021 at 0.9989743

Smart Scan Analysis for ZARNAD

Based on our trend formula, ZARNAD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ZARNAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9989909 0.9989909 0.9989909 0.9989909 0.0000000
Prev. Close Volume Bid Ask Time
0.9989909 2021-02-25 07:31:39
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