Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South African Rand/Algerian Dinar (FOREX:ZARDZD)
Sidelines Mode (+55) - ZARDZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
|
|||||||||||||||
|
|||||||||||||||
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 Jun 18th, 2024 at 7.365626
The short-term trend has been DOWN since Jul 23rd, 2024 at 7.340877
Smart Scan Analysis for ZARDZD
Based on our trend formula, ZARDZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.373345 | 7.373345 | 7.366070 | 7.366070 | -0.007275 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.373345 | 2024-07-26 08:06:18 |