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Forex Trend Analysis Report
Prepared for you on Thursday, March 13, 2025.
South African Rand/Malagasy Ariary (FOREX:ZARMGA)
Sidelines Mode (+55) - ZARMGA is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Mar 5th, 2025 at 258.51532
The short-term trend has been DOWN since Mar 11th, 2025 at 252.14346
Smart Scan Analysis for ZARMGA
Based on our trend formula, ZARMGA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 254.46184 | 255.86400 | 253.48038 | 255.68152 | +1.21968 |
| Prev. Close | Volume | Bid | Ask | Time |
| 254.46184 | 2025-03-13 13:17:33 |