Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Special drawing rights/South African Rand (FOREX:XDRZAR)
Countertrend Up (+85) - XDRZAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid XDRZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for XDRZAR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for XDRZAR
The long-term trend has been UP since Dec 24th, 2024 at 23.998318
The intermediate-term trend has been UP since Dec 19th, 2024 at 23.905257
The short-term trend has been UP since Dec 18th, 2024 at 23.658637
Smart Scan Analysis for XDRZAR
Based on our trend formula, XDRZAR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.612296 | 24.612296 | 24.612296 | 24.612296 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 24.365997 | 2024-12-24 21:00:04 |