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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

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.

FOREX_ZARXDR
Open High Low ZARXDR Price Change
0.0415246 0.0415246 0.0415246 0.0415246 0.0000000
Entry Signal

MarketClub’s Trade Triangles for ZARXDR

long term down The long-term trend has been DOWN since Dec 24th, 2024 at 0.04166959

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2025 at 0.04124691

short term down The short-term trend has been DOWN since Feb 12th, 2025 at 0.04140279

Smart Scan Analysis for ZARXDR

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

-65
Smart Scan Analysis for ZARXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0415246 0.0415246 0.0415246 0.0415246 0.0000000
Prev. Close Volume Bid Ask Time
0.0415246 2025-02-22 01:41:06
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