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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Chinese Yuan Renminbi/South African Rand (FOREX:CNYZAR)
Crossroads (-60) - CNYZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CNYZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNYZAR.
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 CNYZAR
The long-term trend has been UP since Dec 24th, 2024 at 2.5690673
The intermediate-term trend has been DOWN since Feb 7th, 2025 at 2.5195500
The short-term trend has been DOWN since Feb 19th, 2025 at 2.5245225
Smart Scan Analysis for CNYZAR
Based on our trend formula, CNYZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5367398 | 2.5367398 | 2.5367398 | 2.5367398 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5367398 | 2025-02-22 01:41:04 |