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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2025.

South African Rand/Chinese Yuan Renminbi (FOREX:ZARCNY)

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

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

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

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

FOREX_ZARCNY
Open High Low ZARCNY Price Change
0.39077087 0.39077087 0.39077087 0.39077087 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ZARCNY

long term down The long-term trend has been DOWN since Dec 23rd, 2024 at 0.39394467

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 0.39711326

short term up The short-term trend has been UP since Jan 15th, 2025 at 0.39125029

Smart Scan Analysis for ZARCNY

Based on our trend formula, ZARCNY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ZARCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39077087 0.39077087 0.39077087 0.39077087 0.00000000
Prev. Close Volume Bid Ask Time
0.39077087 2025-01-19 02:57:29
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