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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
South African Rand/Ugandan Shilling (FOREX:ZARUGX)
Sidelines Mode (+50) - ZARUGX is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ZARUGX can gain momentum.
Is it time to buy, sell, or avoid ZARUGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARUGX.
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 ZARUGX
The long-term trend has been DOWN since Dec 2nd, 2024 at 203.45731
The intermediate-term trend has been UP since Feb 18th, 2025 at 200.22569
The short-term trend has been UP since Feb 18th, 2025 at 199.80413
Smart Scan Analysis for ZARUGX
Based on our trend formula, ZARUGX is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 199.80041 | 199.80041 | 199.80041 | 199.80041 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 199.80041 | 2025-02-22 01:41:03 |