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Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2025.
South African Rand/Japanese Yen (FOREX:ZARJPY)
Bear Market Rally (-75) - ZARJPY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARJPY as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZARJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARJPY.
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 ZARJPY
The long-term trend has been DOWN since Jan 13th, 2025 at 8.192200
The intermediate-term trend has been DOWN since Jan 10th, 2025 at 8.287000
The short-term trend has been DOWN since Jan 8th, 2025 at 8.355762
Smart Scan Analysis for ZARJPY
Based on our trend formula, ZARJPY is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.362786 | 8.362786 | 8.362733 | 8.362786 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.362786 | 2025-01-19 04:18:15 |