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Forex Trend Analysis Report
Prepared for you on Thursday, May 8, 2025.
South African Rand/Saudi Arabian Riyal (FOREX:ZARSAR)
Long-Term Uptrend (+90) - ZARSAR is in a strong uptrend that is likely to continue. While ZARSAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since May 2nd, 2025 at 0.20824398
The intermediate-term trend has been UP since Apr 28th, 2025 at 0.20264347
The short-term trend has been UP since Apr 28th, 2025 at 0.20147604
Smart Scan Analysis for ZARSAR
Based on our trend formula, ZARSAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.20580476 | 0.20732791 | 0.20500283 | 0.20567875 | -0.00012600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.20580476 | 2025-05-08 20:46:47 |