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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

South African Rand/ (FOREX:ZARZMW)

Weak Downtrend (-65) - ZARZMW is showing signs of a strengthening downtrend. Monitor ZARZMW as it may be building momentum to the downside.

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.

FOREX_ZARZMW
Open High Low ZARZMW Price Change
1.4854865 1.4911603 1.4772372 1.4864698 +0.0009830
Entry Signal

MarketClub’s Trade Triangles for ZARZMW

long term down The long-term trend has been DOWN since Jan 10th, 2025 at 1.4611282

intermediate term down The intermediate-term trend has been DOWN since Dec 24th, 2024 at 1.4792566

short term up 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 -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ZARZMW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4854865 1.4911603 1.4772372 1.4864698 +0.0009830
Prev. Close Volume Bid Ask Time
1.4854865 2025-01-20 20:53:35
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