ZARMXN NEWS why is South African Rand / Mexican Peso price falling or rising

ZARMXN NEWS reasons for why stock price of South African Rand / Mexican Peso is falling or rising

ZARMXN South African is falling or rising technical reasons

Technical analysis forecast for South African Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT South African ZARMXN at this time. Stock is falling and might fall more.

It appears as if South African ZARMXN gave a large move recently.

Stock of South African (ZARMXN) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for South African is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.9, for a target of 0.9 or 0.92

ZARMXN South African is falling or rising NEWS fundamental reasons

More announcements and NEWS

ZARMXN South African Rand / Mexican Peso current price & indicator signals

Moving Averages for South African Rand / Mexican Peso

  • 5Day Average: 0.89
  • 12Day Average: 0.89
  • 20Day Average: 0.88
  • 50Day Average: 0.89
  • 100Day Average: 0.9
  • 150Day Average: 0.92
  • 200Day Average: 0.92

ZARMXN Indicators & signals

Indicator MACD (12,26,9)

0.9, 0.93, -0.01
Indicator MACD is in negative zone

Indicator ADX (14)

100, 0, 50
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ZARMXN South African Rand / Mexican Peso are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Tue Apr 2024 0.88800 0.88660 to 0.89310 -0.57% 0 times
22 Mon Apr 2024 0.89310 0.89060 to 0.89810 0.74% 0 times
19 Fri Apr 2024 0.88650 0.88390 to 0.93890 -0.55% 0 times
18 Thu Apr 2024 0.89140 0.88760 to 0.89750 -0.17% 0 times
17 Wed Apr 2024 0.89290 0.88660 to 0.89550 -0.2% 0 times
16 Tue Apr 2024 0.89470 0.87870 to 0.89780 1.65% 0 times
15 Mon Apr 2024 0.88020 0.87330 to 0.88160 -0.22% 0 times
12 Fri Apr 2024 0.88210 0.87610 to 0.88380 0.44% 0 times
11 Thu Apr 2024 0.87820 0.87400 to 0.87880 0.23% 0 times
10 Wed Apr 2024 0.87620 0.87490 to 0.88820 -1.32% 0 times
09 Tue Apr 2024 0.88790 0.87470 to 0.88920 1.35% 0 times
08 Mon Apr 2024 0.87610 0.87540 to 0.88670 -0.14% 0 times

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