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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South African Rand/Algerian Dinar (FOREX:ZARDZD)
Long-Term Downtrend (-90) - ZARDZD is in a strong downtrend that is likely to continue. While ZARDZD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARDZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARDZD.
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 ZARDZD
The long-term trend has been DOWN since Dec 18th, 2024 at 7.322889
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 7.329024
The short-term trend has been DOWN since Dec 17th, 2024 at 7.491685
Smart Scan Analysis for ZARDZD
Based on our trend formula, ZARDZD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.250027 | 7.253656 | 7.233637 | 7.233637 | -0.016390 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.318972 | 2024-12-24 15:26:37 |