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Forex Trend Analysis Report
Prepared for you on Thursday, September 18, 2025.
South African Rand/Nigerian Naira (FOREX:ZARNGN)
Long-Term Downtrend (-90) - ZARNGN is in a strong downtrend that is likely to continue. While ZARNGN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ZARNGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARNGN.
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 ZARNGN
The long-term trend has been DOWN since Aug 1st, 2025 at 83.88117
The intermediate-term trend has been DOWN since Sep 2nd, 2025 at 86.19210
The short-term trend has been DOWN since Sep 16th, 2025 at 86.15049
Smart Scan Analysis for ZARNGN
Based on our trend formula, ZARNGN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 85.68972 | 85.93732 | 85.29002 | 85.84779 | +0.15807 |
| Prev. Close | Volume | Bid | Ask | Time |
| 85.68972 | 2025-09-18 04:29:58 |