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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
South African Rand/Indian Rupee (FOREX:ZARINR)
Bull Market Weakness (+75) - ZARINR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ZARINR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ZARINR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARINR.
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 ZARINR
The long-term trend has been DOWN since Dec 23rd, 2024 at 4.5922474
The intermediate-term trend has been UP since May 5th, 2025 at 4.6227806
The short-term trend has been UP since May 2nd, 2025 at 4.6025193
Smart Scan Analysis for ZARINR
Based on our trend formula, ZARINR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.6920728 | 4.7074054 | 4.6913962 | 4.7068830 | +0.0148100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6920728 | 2025-05-09 01:16:33 |