ZARPHP NEWS why is South African Rand / Philippine Peso price falling or rising

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

ZARPHP South African is falling or rising technical reasons

Technical analysis forecast of South African Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in South African ZARPHP at this time. Stock is rising and might rise more.

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

Stock of South African (ZARPHP) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of South African is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if South African stays above 3, but if it comes below 3, then a intra day sell could be more profitable.
If you take a sell trade below 3, then use 3 as stoploss and 2.97 as target. However if you take a buy trade in South African, then use 3 as stoploss and 3 as target.

ZARPHP South African is falling or rising NEWS fundamental reasons

More announcements and NEWS

ZARPHP South African Rand / Philippine Peso current price & indicator signals

Moving Averages for South African Rand / Philippine Peso

  • 5Day Average: 3
  • 12Day Average: 3
  • 20Day Average: 2.99
  • 50Day Average: 2.96
  • 100Day Average: 2.97
  • 150Day Average: 2.98
  • 200Day Average: 2.99

ZARPHP Indicators & signals

Indicator MACD (12,26,9)

2.99, 2.97, 0
Indicator MACD is in positive zone

Indicator ADX (14)

100, 0, 40
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 ZARPHP South African Rand / Philippine Peso are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 3.01270 2.97190 to 3.01820 0.97% 0 times
18 Thu Apr 2024 2.98390 2.98360 to 3.01820 -0.91% 0 times
17 Wed Apr 2024 3.01120 2.99200 to 3.02190 0.6% 0 times
16 Tue Apr 2024 2.99310 2.98350 to 3.01070 -0.21% 0 times
15 Mon Apr 2024 2.99940 2.98730 to 3.02020 -0.05% 0 times
12 Fri Apr 2024 3.00090 2.98470 to 3.03080 -0.46% 0 times
11 Thu Apr 2024 3.01490 2.99350 to 3.02000 0.19% 0 times
10 Wed Apr 2024 3.00910 3.00620 to 3.05400 -1.31% 0 times
09 Tue Apr 2024 3.04910 3.02310 to 3.06060 0.82% 0 times
08 Mon Apr 2024 3.02440 3.01630 to 3.05300 1.75% 0 times
01 Mon Apr 2024 2.97230 2.96010 to 2.98640 0.08% 0 times
28 Thu Mar 2024 2.96990 2.94940 to 2.97470 -0.16% 0 times

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