Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, July 1, 2025.
South African Rand/Nigerian Naira (FOREX:ZARNGN)
Bull Market Weakness (+75) - ZARNGN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARNGN as it may be in the beginning stages of a reversal.
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 UP since Apr 21st, 2025 at 85.81365
The intermediate-term trend has been DOWN since Jun 10th, 2025 at 87.22406
The short-term trend has been UP since Jun 23rd, 2025 at 86.74200
Smart Scan Analysis for ZARNGN
Based on our trend formula, ZARNGN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 86.91409 | 87.48242 | 86.73275 | 87.44278 | +0.52869 |
| Prev. Close | Volume | Bid | Ask | Time |
| 86.91409 | 2025-07-01 07:07:57 |