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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
South African Rand/Ugandan Shilling (FOREX:ZARUGX)
Bear Market Rally (-75) - ZARUGX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARUGX as it may be in the beginning 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 DOWN since Dec 2nd, 2024 at 203.45731
The intermediate-term trend has been UP since Mar 6th, 2025 at 200.54776
The short-term trend has been DOWN since Mar 28th, 2025 at 201.23953
Smart Scan Analysis for ZARUGX
Based on our trend formula, ZARUGX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 201.47736 | 201.47736 | 197.58331 | 201.47736 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 199.20374 | 2025-03-29 14:28:16 |