USD/ZAR Up 1608 Pips Over Past 4 Hours, 3 Day Down Streak Broken; in an Uptrend Over Past 14 Days
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time.
USDZAR
(Last Updated April 8, 2020)
Welcome to the news page for USDZAR. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of USDZAR:
20 Day Moving Average Direction: bullish
50 Day Moving Average Direction: bullish
100 Day Moving Average Direction: bullish
200 Day Moving Average Direction: bullish
How the Current USDZAR Rate Fares Relative to the Past Year?
The exchange rate for USDZAR closed yesterday at 18.2339. That means that relative to the past year, the rate of USDZAR is now closer to its 52 week high (19.370601) than its 52 week low (currently at 13.8025).To dig deeper and get the latest news on USDZAR, try the links below. You can also visit the MarketWatch or Investing.com pages on USDZAR for more news as well.
USD/ZAR Up 324 Pips Over Past 4 Hours, Came Into Today Down For the 3rd Day In A Row; in an Uptrend Over Past 14 Days
Or to simplify this another way, note that out of the past 14 days usd/zar’s price has gone up 8 them.
USD/ZAR Down 40 Pips in Last 4 Hours, 3 Day Down Streak Broken; in an Uptrend Over Past 90 Days
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time.
USD/ZAR Down 2449 Pips On 4 Hour Chart; Came Into Today Up For the 4th Day In A Row
Compared to its peers in the forex, usd/zar gave its buyers a return that ranked 6th in terms of percentage change since the previous day.
USD/ZAR Down 426 Pips On 4 Hour Chart, Moves Up For the 3rd Day In A Row; in an Uptrend Over Past 30 Days
This imputes a buy/sell ratio of 2, which is bullish.
USD/ZAR Down 76 Pips On 4 Hour Chart, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
Or to simplify this another way, note that out of the past 14 days usd/zar’s price has gone up 10 them.
USD/ZAR Down 347 Pips Over Past 4 Hours; in an Uptrend Over Past 90 Days
Relative to other instruments in the forex asset class, usd/zar ranked 17th yesterday in terms of percentage price change.
USD/ZAR Up 38 Pips On 4 Hour Chart, Entered Today Up For the 2nd Day In A Row; Pin Bar Pattern Appearing on Chart
As for the rationale, technical traders seem to be citing the appearance of a channel technical pattern.
USD/ZAR Up 387 Pips Over Past 4 Hours, Came Into Today Up For the 2nd Day In A Row; Pin Bar Pattern Appearing on Chart
Compared to its peers in the forex, usd/zar gave its buyers a return that ranked 11th in terms of percentage change since yesterday.
USD/ZAR Down 355 Pips On 4 Hour Chart, 4 Day Up Streak Ended; in an Uptrend Over Past 90 Days
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time.