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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
/South African Rand (FOREX:MZNZAR)
Bear Market Rally (-75) - MZNZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MZNZAR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MZNZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for MZNZAR.
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 MZNZAR
The long-term trend has been DOWN since May 2nd, 2025 at 0.28166249
The intermediate-term trend has been DOWN since Apr 28th, 2025 at 0.28895547
The short-term trend has been UP since May 30th, 2025 at 0.28202504
Smart Scan Analysis for MZNZAR
Based on our trend formula, MZNZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.27928482 | 0.28277700 | 0.27895775 | 0.28158842 | +0.00230400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.27928482 | 2025-05-30 17:04:49 |