Forex Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

South African Rand/United Arab Emirates Dirham (FOREX:ZARAED)

Crossroads (+60) - ZARAED is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

Open	High	Low	ZARAED Price	Change
0.24328725	0.24334211	0.24028617	0.24049416	-0.00279300
Entry Signal

MarketClub’s Trade Triangles for ZARAED

The long-term trend has been DOWN since Jul 23rd, 2021 at 0.24741960

The intermediate-term trend has been UP since Dec 23rd, 2021 at 0.23439303

The short-term trend has been UP since Jan 19th, 2022 at 0.23944855

Smart Scan Analysis for ZARAED

Based on our trend formula, ZARAED is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.24328725	0.24334211	0.24028617	0.24049416	-0.00279300
Prev. Close	Volume	Bid	Ask	Time
0.24328725				2022-01-24 06:11:45

Get a free daily analysis and signals for South African Rand/United Arab Emirates Dirham (ZARAED) - Request Your Free Report.