Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Tuesday, July 1, 2025.
South African Rand/CFA Franc BCEAO (FOREX:ZARXOF)
Bear Market Rally (-75) - ZARXOF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARXOF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZARXOF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARXOF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ZARXOF
The long-term trend has been DOWN since Jan 27th, 2025 at 33.316089
The intermediate-term trend has been DOWN since Jun 12th, 2025 at 31.982544
The short-term trend has been UP since Jul 1st, 2025 at 31.597464
Smart Scan Analysis for ZARXOF
Based on our trend formula, ZARXOF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.428563 | 31.645551 | 31.419820 | 31.599998 | +0.171435 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.428563 | 2025-07-01 14:35:47 |