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Forex Trend Analysis Report

Prepared for you on Monday, June 23, 2025.

/South African Rand (FOREX:MZNZAR)

Bear Market Rally (-75) - MZNZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MZNZAR as it may be in the beginning of a reversal.

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

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

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

FOREX_MZNZAR
Open High Low MZNZAR Price Change
0.28239837 0.28375156 0.27833959 0.27847483 -0.00392400
Entry Signal

MarketClub’s Trade Triangles for MZNZAR

long term down The long-term trend has been DOWN since May 2nd, 2025 at 0.28166249

intermediate term up The intermediate-term trend has been UP since Jun 18th, 2025 at 0.28277700

short term down The short-term trend has been DOWN since Jun 23rd, 2025 at 0.28067699

Smart Scan Analysis for MZNZAR

Based on our trend formula, MZNZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MZNZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28239837 0.28375156 0.27833959 0.27847483 -0.00392400
Prev. Close Volume Bid Ask Time
0.28239837 2025-06-23 21:29:05
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