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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
South African Rand/ (FOREX:ZARZMW)
Crossroads (+60) - ZARZMW 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 ZARZMW?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARZMW.
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 ZARZMW
The long-term trend has been DOWN since Jan 10th, 2025 at 1.4611282
The intermediate-term trend has been UP since Feb 6th, 2025 at 1.5156321
The short-term trend has been UP since Feb 21st, 2025 at 1.5328177
Smart Scan Analysis for ZARZMW
Based on our trend formula, ZARZMW is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.533172 | 1.533172 | 1.533172 | 1.533172 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.533172 | 2025-02-22 01:41:05 |