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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Euro/South African Rand (FOREX:EURZAR)
Weak Downtrend (-65) - EURZAR is showing signs of a strengthening downtrend. Monitor EURZAR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURZAR.
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 EURZAR
The long-term trend has been UP since Jan 27th, 2025 at 19.688825
The intermediate-term trend has been DOWN since May 2nd, 2025 at 20.831510
The short-term trend has been DOWN since Apr 28th, 2025 at 21.097820
Smart Scan Analysis for EURZAR
Based on our trend formula, EURZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.492250 | 20.530255 | 20.420670 | 20.447075 | -0.045175 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.492250 | 2025-05-09 07:28:36 |