This report provides the real-time exchange rate between the South African Rand (ZAR) and the Jamaican Dollar (JMD), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Today’s Price
1 ZAR = 9.79 JMD
24h High: 9.9174 JMD
24h Low: 9.7323 JMD
Market Analysis
Recent ZAR/JMD price movement shows moderate volatility within a narrow trading range. Current technical indicators suggest caution in the near term.
Technical levels: Key support at 9.645 JMD, resistance at 19.511 JMD
Technical indicator: The 14-day Relative Strength Index (RSI) stands at 40.554, indicating a bearish signal
Price forecast: Rate target in 14 days: 9.293 JMD
Risk note: The pair may face downward pressure with potential movement toward 9.114 JMD
Conclusion
Continue to monitor the ZAR/JMD pair closely, integrating technical indicators and support/resistance levels into your trading strategy. Traders should remain cautious given the current bearish technical signals and consider the forecasted downside targets when planning their positions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Today's ZAR to JMD Price Update
Summary
This report provides the real-time exchange rate between the South African Rand (ZAR) and the Jamaican Dollar (JMD), helping traders quickly grasp market dynamics and identify potential trading opportunities.
Today’s Price
Market Analysis
Recent ZAR/JMD price movement shows moderate volatility within a narrow trading range. Current technical indicators suggest caution in the near term.
Conclusion
Continue to monitor the ZAR/JMD pair closely, integrating technical indicators and support/resistance levels into your trading strategy. Traders should remain cautious given the current bearish technical signals and consider the forecasted downside targets when planning their positions.