Market Conditions for ZAREUR as at Jul 06, 2020
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Last 30 Days:
Support & Resistance
Multi Time Period Price Performance for South African Rand/Euro
South African Rand/Euro ProfileThe South African Rand/Euro (ZAR/EUR) is a Forex (FX) currency pair traded in foreign exchange spot transactions around the globe. ZAR is the base currency and EUR is the quote currency, meaning that 1 South African Rand was worth 0.0521 Euro at the end of the New York trading session on Monday, -0.19% less than at the previous close.
Technical Analysis Summary for July 6, 2020
Although still in a long-term downtrend, the short and medium-term trends both turned bullish already. Monday's trading range has been 6 pips (1.15%), that's below the last trading month's daily average range of 8 pips. Buying might accelerate should prices move above the close-by swing high at 0.0524 where further buy stops could get triggered.
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