Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.005
Neutral
RSI(14)
54.232
Neutral
STOCH(KDJ)(9,3,3)
61.276
Buy
ATR(14)
0.187
High Vlolatility
CCI(14)
95.287
Neutral
Williams %R
27.134
Buy
TRIX(12,20)
-0.003
Sell
StochRSI(14)
100.000
Buy
EUR/ZAR
EURZARView Detailed Chart
20.7659ZAR
-0.0048-0.02%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
-0.02%
5 Days
+0.68%
1 Month
-0.53%
6 Months
+7.62%
Year to Date
+6.70%
1 Year
+5.66%
View Detailed Chart
Key Data Points
Opening Price
20.7659Previous Closing Price
20.7707Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Buy
Moving Average
Indicators
Value
Direction
MA5
20.671
Buy
MA10
20.660
Buy
MA20
20.715
Buy
MA50
20.586
Buy
MA100
20.588
Buy
MA200
19.898
Buy
EUR/ZAR Trading Strategy
Intraday
Short Term
Trading Strategy
The configuration is positive.
Alternative scenario
below 20.5712, expect 20.5003 and 20.4581.
Comment
the upside prevails as long as 20.5712 is support
13 hours ago
Source: Trading Central(Reference Only)
EUR/ZAR News
More news coming soon, stay tuned...
More Details of EUR/ZAR
The EUR/ZAR currency pair represents the exchange rate between the Euro (EUR) and the South African Rand (ZAR). This pair is significant for traders due to the economic dynamics between the Eurozone and South Africa. The Euro is one of the world's major currencies, reflecting the economic performance of its member nations, while the Rand is influenced by South Africa's commodity-driven economy, political developments, and emerging market trends. Understanding the factors that affect this currency pair can provide valuable insights for traders looking to capitalize on exchange rate fluctuations.
How do commodity prices influence EUR/ZAR?
South Africa is a major exporter of commodities (like gold and platinum). Fluctuations in global commodity prices can significantly affect the strength of the Rand against the Euro.
Are there seasonal trends in EUR/ZAR trading?
Yes, seasonal trends can occur, influenced by agricultural cycles, tourism, and economic activity patterns in South Africa, impacting currency demand at different times of the year.
How do interest rates affect EUR/ZAR?
Interest rates significantly impact the EUR/ZAR exchange rate, as higher interest rates in South Africa typically strengthen the South African Rand (ZAR) by attracting foreign investment, while lower rates can weaken it by making investments less attractive. Additionally, interest rate changes are often responses to inflation; for example, a rise in rates aimed at controlling inflation can bolster the ZAR. The broader economic context, including global conditions and commodity prices, further interacts with these interest rate dynamics, influencing the overall valuation of the EUR/ZAR pair.
