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Forex Trend Analysis Report

Prepared for you on Monday, August 3, 2020.

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.

FOREX_ZARDZD
Open High Low ZARDZD Price Change
7.709670 7.709670 7.608922 7.608922 -0.100748
Entry Signal

MarketClub’s Trade Triangles for ZARDZD

long term up The long-term trend has been UP since Jul 1st, 2020 at 7.537252

intermediate term up The intermediate-term trend has been UP since Jul 1st, 2020 at 7.537252

short term down The short-term trend has been DOWN since Jul 23rd, 2020 at 7.658266

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).

+55
Smart Scan Analysis for ZARDZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.709670 7.709670 7.608922 7.608922 -0.100748
Prev. Close Volume Bid Ask Time
7.518333 7.579158 7.638686 2020-07-30 19:34:50
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