Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
South African Rand/Special drawing rights (FOREX:ZARXDR)
Weak Downtrend (-65) - ZARXDR is showing signs of a strengthening downtrend. Monitor ZARXDR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZARXDR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARXDR.
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 ZARXDR
The long-term trend has been UP since Apr 8th, 2024 at 0.04036604
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.03985352
The short-term trend has been DOWN since Apr 14th, 2024 at 0.04034907
Smart Scan Analysis for ZARXDR
Based on our trend formula, ZARXDR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.03951269 | 0.03951269 | 0.03951269 | 0.03951269 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.03951269 | 2024-04-24 21:01:06 |