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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
South African Rand/Euro (FOREX:ZAREUR)
Weak Downtrend (-65) - ZAREUR is showing signs of a strengthening downtrend. Monitor ZAREUR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZAREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZAREUR.
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 ZAREUR
The long-term trend has been UP since Apr 8th, 2024 at 0.04967650
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 0.05220713
The short-term trend has been DOWN since Dec 17th, 2024 at 0.05309250
Smart Scan Analysis for ZAREUR
Based on our trend formula, ZAREUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.05127602 | 0.05177733 | 0.05126550 | 0.05155250 | +0.00027600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.05127602 | 2024-12-26 05:26:57 |