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Forex Trend Analysis Report
Prepared for you on Tuesday, September 9, 2025.
South African Rand/Nigerian Naira (FOREX:ZARNGN)
Bear Market Rally (-75) - ZARNGN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARNGN as it may be in the beginning 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 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 UP since Sep 7th, 2025 at 87.32647
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 |
|---|---|---|---|---|
| 86.16823 | 86.40631 | 86.11773 | 86.33684 | +0.16861 |
| Prev. Close | Volume | Bid | Ask | Time |
| 86.16823 | 2025-09-09 03:36:38 |