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Forex Trend Analysis Report
Prepared for you on Friday, May 30, 2025.
South African Rand/Malagasy Ariary (FOREX:ZARMGA)
Crossroads (+60) - ZARMGA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZARMGA?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMGA.
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 ZARMGA
The long-term trend has been DOWN since Jan 6th, 2025 at 247.58511
The intermediate-term trend has been UP since May 2nd, 2025 at 246.73453
The short-term trend has been UP since May 26th, 2025 at 251.64962
Smart Scan Analysis for ZARMGA
Based on our trend formula, ZARMGA is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 254.84237 | 255.92671 | 252.89381 | 253.99517 | -0.84720 |
| Prev. Close | Volume | Bid | Ask | Time |
| 254.84237 | 2025-05-30 17:04:49 |