Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
South African Rand/Fijian Dollar (FOREX:ZARFJD)
Bull Market Weakness (+75) - ZARFJD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARFJD as it may be in the beginning stages of a reversal.
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 DOWN since Jul 1st, 2022 at 0.13419230
The intermediate-term trend has been UP since Aug 10th, 2022 at 0.13408749
The short-term trend has been UP since Aug 8th, 2022 at 0.13288416
Smart Scan Analysis for ZARFJD
Based on our trend formula, ZARFJD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).