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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

South African Rand/Mexican Peso (FOREX:ZARMXN)

Bull Market Weakness (+75) - ZARMXN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARMXN as it may be in the beginning stages of a reversal.

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

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

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

FOREX_ZARMXN
Open High Low ZARMXN Price Change
1.0697192 1.0743127 1.0686462 1.0740050 +0.0042860
Entry Signal

MarketClub’s Trade Triangles for ZARMXN

long term down The long-term trend has been DOWN since Dec 24th, 2024 at 1.0788226

intermediate term up The intermediate-term trend has been UP since May 2nd, 2025 at 1.0776476

short term up The short-term trend has been UP since Apr 28th, 2025 at 1.0559752

Smart Scan Analysis for ZARMXN

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

+70
Smart Scan Analysis for ZARMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0697192 1.0743127 1.0686462 1.0740050 +0.0042860
Prev. Close Volume Bid Ask Time
1.0697192 2025-05-09 07:10:08
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