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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
US Dollar/South African Rand (FOREX:USDZAR)
Long-Term Downtrend (-90) - USDZAR is in a strong downtrend that is likely to continue. While USDZAR 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 USDZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDZAR.
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 USDZAR
The long-term trend has been DOWN since May 2nd, 2025 at 18.001725
The intermediate-term trend has been DOWN since Apr 28th, 2025 at 18.495350
The short-term trend has been DOWN since Apr 28th, 2025 at 18.563700
Smart Scan Analysis for USDZAR
Based on our trend formula, USDZAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.22595 | 18.33430 | 18.08800 | 18.26455 | +0.03860 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.22595 | 2025-05-08 22:57:47 |