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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

South African Rand/Indonesian Rupiah (FOREX:ZARIDR)

Strong Downtrend (-100) - ZARIDR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARIDR continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ZARIDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARIDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARIDR
Open High Low ZARIDR Price Change
835.5573 835.7619 825.4055 826.7222 -8.8351
Entry Signal

MarketClub’s Trade Triangles for ZARIDR

long term down The long-term trend has been DOWN since Feb 5th, 2023 at 851.9758

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2023 at 824.1328

short term down The short-term trend has been DOWN since Mar 27th, 2023 at 828.2321

Smart Scan Analysis for ZARIDR

Based on our trend formula, ZARIDR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ZARIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
835.5573 835.7619 825.4055 826.7222 -8.8351
Prev. Close Volume Bid Ask Time
835.5573 2023-03-27 10:23:38
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