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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
South African Rand/Chinese Yuan Renminbi (FOREX:ZARCNY)
Sidelines Mode (+55) - ZARCNY 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 ZARCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARCNY.
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 ZARCNY
The long-term trend has been DOWN since Apr 6th, 2025 at 0.37736414
The intermediate-term trend has been UP since May 2nd, 2025 at 0.39531512
The short-term trend has been DOWN since May 30th, 2025 at 0.39982230
Smart Scan Analysis for ZARCNY
Based on our trend formula, ZARCNY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.40366782 | 0.40415923 | 0.39878885 | 0.40038347 | -0.00328400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.40366782 | 2025-05-30 20:30:54 |