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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Ugandan Shilling/South African Rand (FOREX:UGXZAR)
Sidelines Mode (+55) - UGXZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 2nd, 2024 at 0.00491569
The intermediate-term trend has been DOWN since Mar 6th, 2025 at 0.00498702
The short-term trend has been UP since Mar 28th, 2025 at 0.00496984
Smart Scan Analysis for UGXZAR
Based on our trend formula, UGXZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00496398 | 0.00506182 | 0.00496398 | 0.00496398 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00502064 | 2025-03-29 14:28:16 |