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Forex Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

South African Rand/Jordanian Dinar (FOREX:ZARJOD)

Weak Downtrend (-65) - ZARJOD is showing signs of a strengthening downtrend. Monitor ZARJOD as it may be building momentum to the downside.

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

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

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

FOREX_ZARJOD
Open High Low ZARJOD Price Change
0.04226913 0.04280596 0.04225581 0.04261670 +0.00034800
Entry Signal

MarketClub’s Trade Triangles for ZARJOD

long term down The long-term trend has been DOWN since May 2nd, 2022 at 0.04416369

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.04460366

short term up The short-term trend has been UP since Aug 8th, 2022 at 0.04274123

Smart Scan Analysis for ZARJOD

Based on our trend formula, ZARJOD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ZARJOD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04226913 0.04280596 0.04225581 0.04261670 +0.00034800
Prev. Close Volume Bid Ask Time
0.04226913 2022-08-08 15:26:08
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