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Forex Trend Analysis Report
Prepared for you on Tuesday, December 10, 2024.
South African Rand/Algerian Dinar (FOREX:ZARDZD)
Strong Uptrend (+100) - ZARDZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARDZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since May 5th, 2024 at 7.282851
The intermediate-term trend has been UP since Dec 9th, 2024 at 7.440906
The short-term trend has been UP since Nov 29th, 2024 at 7.402426
Smart Scan Analysis for ZARDZD
Based on our trend formula, ZARDZD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.481380 | 7.503986 | 7.470522 | 7.497040 | +0.015660 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.481380 | 2024-12-10 19:08:19 |