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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
/South African Rand (FOREX:ZMWZAR)
Long-Term Uptrend (+90) - ZMWZAR is in a strong uptrend that is likely to continue. While ZMWZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Apr 7th, 2025 at 0.69599410
The intermediate-term trend has been UP since Mar 30th, 2025 at 0.65003512
The short-term trend has been UP since May 6th, 2025 at 0.66520768
Smart Scan Analysis for ZMWZAR
Based on our trend formula, ZMWZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.6889094 | 0.6894189 | 0.6856241 | 0.6859604 | -0.0029490 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.6889094 | 2025-05-09 05:10:24 |