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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
South African Rand/ (FOREX:ZARZMW)
Sidelines Mode (-55) - ZARZMW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 DOWN since Dec 24th, 2024 at 1.4792566
The short-term trend has been UP since Jan 15th, 2025 at 1.4659482
Smart Scan Analysis for ZARZMW
Based on our trend formula, ZARZMW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.4854865 | 1.4880730 | 1.4772372 | 1.4868266 | +0.0013400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.4854865 | 2025-01-20 09:49:46 |