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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

South African Rand/Special drawing rights (FOREX:ZARXDR)

Crossroads (-60) - ZARXDR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ZARXDR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ZARXDR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ZARXDR
Open High Low ZARXDR Price Change
0.04014191 0.04014191 0.04014191 0.04014191 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARXDR

long term down The long-term trend has been DOWN since Dec 24th, 2024 at 0.04166959

intermediate term up The intermediate-term trend has been UP since May 2nd, 2025 at 0.03897512

short term up The short-term trend has been UP since May 1st, 2025 at 0.03857557

Smart Scan Analysis for ZARXDR

Based on our trend formula, ZARXDR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for ZARXDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04014191 0.04014191 0.04014191 0.04014191 0.00000000
Prev. Close Volume Bid Ask Time
0.04014191 2025-05-04 11:00:59
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