Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
South African Rand/Fijian Dollar (FOREX:ZARFJD)
Sidelines Mode (-55) - ZARFJD 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 ZARFJD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARFJD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARFJD
The long-term trend has been UP since May 18th, 2020 at 0.12383655
The intermediate-term trend has been DOWN since Feb 25th, 2021 at 0.13478524
The short-term trend has been UP since Mar 3rd, 2021 at 0.13628579
Smart Scan Analysis for ZARFJD
Based on our trend formula, ZARFJD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).