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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
/South African Rand (FOREX:MZNZAR)
Sidelines Mode (-50) - MZNZAR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MZNZAR can gain momentum.
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 UP since Oct 9th, 2024 at 0.28228818
The intermediate-term trend has been DOWN since Jan 23rd, 2025 at 0.28844601
The short-term trend has been DOWN since Mar 28th, 2025 at 0.28389610
Smart Scan Analysis for MZNZAR
Based on our trend formula, MZNZAR is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.28841549 | 0.28850548 | 0.28517684 | 0.28676213 | -0.00165300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.28841549 | 2025-03-31 17:16:55 |