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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Ugandan Shilling/South African Rand (FOREX:UGXZAR)
Long-Term Downtrend (-90) - UGXZAR is in a strong downtrend that is likely to continue. While UGXZAR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid UGXZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for UGXZAR.
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 UGXZAR
The long-term trend has been DOWN since May 3rd, 2025 at 0.00493680
The intermediate-term trend has been DOWN since Apr 22nd, 2025 at 0.00514456
The short-term trend has been DOWN since Apr 14th, 2025 at 0.00521211
Smart Scan Analysis for UGXZAR
Based on our trend formula, UGXZAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00489648 | 0.00489648 | 0.00489648 | 0.00489648 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00500373 | 2025-05-03 16:46:28 |