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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
South African Rand/ (FOREX:ZARCDF)
Weak Downtrend (-65) - ZARCDF is showing signs of a strengthening downtrend. Monitor ZARCDF as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZARCDF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCDF.
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 ZARCDF
The long-term trend has been DOWN since Dec 23rd, 2024 at 156.29639
The intermediate-term trend has been UP since Jan 30th, 2025 at 153.56312
The short-term trend has been DOWN since Feb 12th, 2025 at 154.71893
Smart Scan Analysis for ZARCDF
Based on our trend formula, ZARCDF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 155.83288 | 155.83288 | 155.83288 | 155.83288 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 155.83288 | 2025-02-22 01:41:06 |