Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
South African Rand/Fijian Dollar (FOREX:ZARFJD)
Weak Downtrend (-65) - ZARFJD is showing signs of a strengthening downtrend. Monitor ZARFJD as it may be building momentum to the downside.
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 Aug 17th, 2021 at 0.13934219
The intermediate-term trend has been UP since Oct 19th, 2021 at 0.14285799
The short-term trend has been DOWN since Oct 21st, 2021 at 0.14117779
Smart Scan Analysis for ZARFJD
Based on our trend formula, ZARFJD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).