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Forex Trend Analysis Report

Prepared for you on Monday, March 31, 2025.

South African Rand/Nigerian Naira (FOREX:ZARNGN)

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

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.

FOREX_ZARNGN
Open High Low ZARNGN Price Change
82.65007 84.10714 82.64684 83.73882 +1.08875
Entry Signal

MarketClub’s Trade Triangles for ZARNGN

long term down The long-term trend has been DOWN since Dec 6th, 2024 at 88.16683

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2025 at 83.41865

short term down The short-term trend has been DOWN since Mar 30th, 2025 at 83.13659

Smart Scan Analysis for ZARNGN

Based on our trend formula, ZARNGN is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ZARNGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.65007 84.10714 82.64684 83.73882 +1.08875
Prev. Close Volume Bid Ask Time
82.65007 2025-03-31 17:05:35
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