Forex Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
South African Rand/Jordanian Dinar (FOREX:ZARJOD)
Long-Term Uptrend (+90) - ZARJOD is in a strong uptrend that is likely to continue. While ZARJOD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for ZARJOD
The long-term trend has been UP since Apr 24th, 2020 at 0.03746572
The intermediate-term trend has been UP since Apr 24th, 2020 at 0.03746572
The short-term trend has been UP since Jul 1st, 2020 at 0.04138390
Smart Scan Analysis for ZARJOD
Based on our trend formula, ZARJOD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).