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Forex Trend Analysis Report
Prepared for you on Wednesday, July 2, 2025.
South African Rand/Malagasy Ariary (FOREX:ZARMGA)
Countertrend Down (-85) - ZARMGA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ZARMGA?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMGA.
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 ZARMGA
The long-term trend has been DOWN since Jan 6th, 2025 at 247.58511
The intermediate-term trend has been DOWN since Jun 13th, 2025 at 248.12661
The short-term trend has been UP since Jul 1st, 2025 at 251.69068
Smart Scan Analysis for ZARMGA
Based on our trend formula, ZARMGA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 247.64324 | 247.78943 | 247.60694 | 247.71906 | +0.07582 |
| Prev. Close | Volume | Bid | Ask | Time |
| 247.64324 | 2025-07-02 00:25:55 |