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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Mexican Peso/South African Rand (FOREX:MXNZAR)

Weak Downtrend (-65) - MXNZAR is showing signs of a strengthening downtrend. Monitor MXNZAR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MXNZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNZAR
Open High Low MXNZAR Price Change
0.9348249 0.9349496 0.9342193 0.9343328 -0.0004920
Entry Signal

MarketClub’s Trade Triangles for MXNZAR

long term up The long-term trend has been UP since Dec 24th, 2024 at 0.9271482

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2025 at 0.9279471

short term down The short-term trend has been DOWN since Apr 28th, 2025 at 0.9470682

Smart Scan Analysis for MXNZAR

Based on our trend formula, MXNZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MXNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9348249 0.9349496 0.9342193 0.9343328 -0.0004920
Prev. Close Volume Bid Ask Time
0.9348249 2025-05-09 00:51:28
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