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Forex Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

South African Rand/Namibian Dollar (FOREX:ZARNAD)

Weak Downtrend (-65) - ZARNAD is showing signs of a strengthening downtrend. Monitor ZARNAD as it may be building momentum to the downside.

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
1.0004362 1.0004362 1.0004362 1.0004362 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZARNAD

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 0.9924101

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 1.0026721

short term down The short-term trend has been DOWN since Oct 7th, 2021 at 1.0015958

Smart Scan Analysis for ZARNAD

Based on our trend formula, ZARNAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ZARNAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0004362 1.0004362 1.0004362 1.0004362 0.0000000
Prev. Close Volume Bid Ask Time
1.0004362 2021-10-15 07:17:37
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