Forex Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
South African Rand/Jordanian Dinar (FOREX:ZARJOD)
Strong Downtrend (-100) - ZARJOD 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 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 DOWN since Jul 23rd, 2021 at 0.04783843
The intermediate-term trend has been DOWN since Oct 28th, 2021 at 0.04697706
The short-term trend has been DOWN since Oct 22nd, 2021 at 0.04828209
Smart Scan Analysis for ZARJOD
Based on our trend formula, ZARJOD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).