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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

South African Rand/Euro (FOREX:ZAREUR)

Weak Downtrend (-65) - ZAREUR is showing signs of a strengthening downtrend. Monitor ZAREUR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid ZAREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZAREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZAREUR
Open High Low ZAREUR Price Change
0.05127602 0.05177733 0.05079005 0.05085350 -0.00042300
Entry Signal

MarketClub’s Trade Triangles for ZAREUR

long term up The long-term trend has been UP since Apr 8th, 2024 at 0.04967650

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 0.05220713

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 0.05309250

Smart Scan Analysis for ZAREUR

Based on our trend formula, ZAREUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for ZAREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05127602 0.05177733 0.05079005 0.05085350 -0.00042300
Prev. Close Volume Bid Ask Time
0.05127602 2024-12-26 14:32:21
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