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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Swiss Franc/South African Rand (FOREX:CHFZAR)

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

Is it time to buy, sell, or avoid CHFZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFZAR
Open High Low CHFZAR Price Change
21.950750 21.986800 21.914600 21.918538 -0.032212
Entry Signal

MarketClub’s Trade Triangles for CHFZAR

long term up The long-term trend has been UP since Apr 2nd, 2025 at 20.976250

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2025 at 22.174869

short term down The short-term trend has been DOWN since May 1st, 2025 at 22.405682

Smart Scan Analysis for CHFZAR

Based on our trend formula, CHFZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.950750 21.986800 21.914600 21.918538 -0.032212
Prev. Close Volume Bid Ask Time
21.950750 2025-05-09 03:45:27
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