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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
South African Rand/Saudi Arabian Riyal (FOREX:ZARSAR)
Bear Market Rally (-75) - ZARSAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZARSAR as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZARSAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARSAR.
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 ZARSAR
The long-term trend has been DOWN since Dec 19th, 2024 at 0.20456052
The intermediate-term trend has been UP since Jan 20th, 2025 at 0.20291997
The short-term trend has been DOWN since Feb 2nd, 2025 at 0.20042504
Smart Scan Analysis for ZARSAR
Based on our trend formula, ZARSAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.19932042 | 0.20115282 | 0.19925665 | 0.20071237 | +0.00139200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20061854 | 2025-02-04 21:31:55 |