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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.

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

MarketClub’s Trade Triangles for ZARAED

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

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

short term up 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
Smart Scan Analysis for ZARAED
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
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