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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
South African Rand/Namibian Dollar (FOREX:ZARNAD)
Strong Downtrend (-100) - ZARNAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZARNAD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARNAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARNAD.
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 ZARNAD
The long-term trend has been DOWN since Jul 2nd, 2024 at 0.9929721
The intermediate-term trend has been DOWN since Jun 25th, 2024 at 0.9973150
The short-term trend has been DOWN since Jul 26th, 2024 at 0.9987016
Smart Scan Analysis for ZARNAD
Based on our trend formula, ZARNAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for ZARNAD](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
0.9995037 | 0.9995037 | 0.9980234 | 0.9980234 | -0.0014800 |
Prev. Close | Volume | Bid | Ask | Time |
0.9995037 | 2024-07-26 14:00:14 |