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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
South African Rand/Malawian Kwacha (FOREX:ZARMWK)
Crossroads (-60) - ZARMWK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZARMWK?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARMWK.
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 ZARMWK
The long-term trend has been DOWN since Dec 24th, 2024 at 94.98186
The intermediate-term trend has been UP since Jan 24th, 2025 at 93.18443
The short-term trend has been UP since Jan 24th, 2025 at 92.79127
Smart Scan Analysis for ZARMWK
Based on our trend formula, ZARMWK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 92.95165 | 92.95165 | 92.95165 | 92.95165 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 92.24346 | 2025-02-02 12:27:08 |