Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Ugandan Shilling/South African Rand (FOREX:UGXZAR)

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

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.

FOREX_UGXZAR
Open High Low UGXZAR Price Change
0.00500568 0.00500568 0.00500568 0.00500568 0.00000000
Entry Signal

MarketClub’s Trade Triangles for UGXZAR

long term up The long-term trend has been UP since Dec 2nd, 2024 at 0.00491569

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2025 at 0.00499504

short term down The short-term trend has been DOWN since Feb 18th, 2025 at 0.00498703

Smart Scan Analysis for UGXZAR

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

-70
Smart Scan Analysis for UGXZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00500568 0.00500568 0.00500568 0.00500568 0.00000000
Prev. Close Volume Bid Ask Time
0.00500568 2025-02-22 01:41:03
Get a free daily analysis and signals for Ugandan Shilling/South African Rand (UGXZAR) - Request Your Free Report.