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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

South African Rand/Japanese Yen (FOREX:ZARJPY)

Weak Uptrend (+65) - ZARJPY is showing signs of weakening momentum to the upside. Monitor ZARJPY as it may be in the beginning stages 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.

FOREX_ZARJPY
Open High Low ZARJPY Price Change
8.39365 8.47150 8.38880 8.46565 +0.07200
Entry Signal

MarketClub’s Trade Triangles for ZARJPY

long term up The long-term trend has been UP since Nov 5th, 2024 at 8.72705

intermediate term up The intermediate-term trend has been UP since Dec 12th, 2024 at 8.62640

short term down The short-term trend has been DOWN since Dec 17th, 2024 at 8.55150

Smart Scan Analysis for ZARJPY

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

+65
Smart Scan Analysis for ZARJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.39365 8.47150 8.38880 8.46565 +0.07200
Prev. Close Volume Bid Ask Time
8.39365 2024-12-26 06:39:43
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