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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Chinese Yuan Renminbi Offshore/South African Rand (FOREX:CNHZAR)
Sidelines Mode (-50) - CNHZAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until CNHZAR can gain momentum.
Is it time to buy, sell, or avoid CNHZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHZAR.
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 CNHZAR
The long-term trend has been UP since Dec 23rd, 2024 at 2.5339636
The intermediate-term trend has been DOWN since Feb 6th, 2025 at 2.5279194
The short-term trend has been DOWN since Mar 28th, 2025 at 2.4983476
Smart Scan Analysis for CNHZAR
Based on our trend formula, CNHZAR is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5387395 | 2.5387786 | 2.5109840 | 2.5219618 | -0.0167780 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5387395 | 2025-03-31 17:12:43 |