Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
South African Rand/Indonesian Rupiah (FOREX:ZARIDR)
Bull Market Weakness (+75) - ZARIDR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARIDR as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for ZARIDR
The long-term trend has been UP since Jul 28th, 2023 at 867.1327
The intermediate-term trend has been DOWN since Apr 24th, 2024 at 837.9454
The short-term trend has been UP since Apr 25th, 2024 at 851.8057
Smart Scan Analysis for ZARIDR
Based on our trend formula, ZARIDR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 842.8141 | 853.3375 | 842.8141 | 852.0283 | +9.2142 |
| Prev. Close | Volume | Bid | Ask | Time |
| 842.8141 | 2024-04-25 06:34:33 |