Forex Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
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, SHORTSYMBOL 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.
MarketClub’s Trade Triangles for ZARIDR
The long-term trend has been DOWN since Oct 15th, 2021 at 937.2723
The intermediate-term trend has been DOWN since Oct 29th, 2021 at 933.3288
The short-term trend has been DOWN since Nov 10th, 2021 at 943.6032
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).