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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Ugandan Shilling/South African Rand (FOREX:UGXZAR)
Bull Market Weakness (+75) - UGXZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on UGXZAR as it may be in the beginning stages of a reversal.
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 UP since Dec 18th, 2024 at 0.00493917
The short-term trend has been UP since Dec 18th, 2024 at 0.00492052
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0050724 | 0.0050724 | 0.0050724 | 0.0050724 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0050724 | 2025-01-18 02:34:59 |