Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
South African Rand/Ugandan Shilling (FOREX:ZARUGX)
Bull Market Weakness (+75) - ZARUGX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARUGX as it may be in the beginning stages of a reversal.
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 UP since May 3rd, 2025 at 202.58633
The intermediate-term trend has been UP since Apr 22nd, 2025 at 194.40441
The short-term trend has been UP since Apr 14th, 2025 at 191.88473
Smart Scan Analysis for ZARUGX
Based on our trend formula, ZARUGX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 204.25235 | 204.25235 | 204.25235 | 204.25235 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 199.87427 | 2025-05-03 16:46:28 |