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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
/South African Rand (FOREX:ZMWZAR)
Sidelines Mode (+55) - ZMWZAR 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 ZMWZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZMWZAR.
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 ZMWZAR
The long-term trend has been UP since Jan 10th, 2025 at 0.6888589
The intermediate-term trend has been UP since Dec 24th, 2024 at 0.6777313
The short-term trend has been DOWN since Jan 14th, 2025 at 0.6780134
Smart Scan Analysis for ZMWZAR
Based on our trend formula, ZMWZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.67246130 | 0.67512370 | 0.66693411 | 0.66743825 | -0.00502300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.67246130 | 2025-01-20 09:40:27 |