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Forex Trend Analysis Report
Prepared for you on Saturday, July 5, 2025.
Chinese Yuan Renminbi Offshore/South African Rand (FOREX:CNHZAR)
Long-Term Downtrend (-90) - CNHZAR is in a strong downtrend that is likely to continue. While CNHZAR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CNHZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CNHZAR.
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 CNHZAR
The long-term trend has been DOWN since May 20th, 2025 at 2.4919682
The intermediate-term trend has been DOWN since Jun 26th, 2025 at 2.4549968
The short-term trend has been DOWN since Jun 23rd, 2025 at 2.4994167
Smart Scan Analysis for CNHZAR
Based on our trend formula, CNHZAR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.4446461 | 2.4696302 | 2.4406795 | 2.4518615 | +0.0072150 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.4446461 | 2025-07-04 17:01:46 |