Today's ZAR to CNY Price Update

Summary

This report provides the real-time exchange rate between the South African Rand (ZAR) and Chinese Yuan (CNY), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The South African Rand (ZAR) is the official currency of South Africa, while the Chinese Yuan (CNY) is the primary fiat currency of China. The exchange rate between them reflects market sentiment toward both economies and serves as an important indicator for trade and investment flows between the two regions.

Today’s Price

• 1 ZAR = 0.431 CNY
• 24h High: 0.4317 CNY
• 24h Low: 0.43025 CNY

Market Analysis

Recent ZAR/CNY price movements show technical indicators suggesting a Strong Sell outlook, with moving averages ranging from MA5 to MA200 displaying 1 Buy signal and 11 Sell signals.

• Technical levels: Based on technical indicators, the 200-day SMA is forecast to reach approximately 0.4189 CNY by March 16, 2026
• Risk note: The predominance of sell signals suggests downward pressure; traders should exercise caution in current market conditions
• Trading opportunities: Monitor support and resistance levels closely as the market approaches the forecasted SMA target

Conclusion

Continue to monitor the ZAR/CNY pair closely, integrating technical analysis signals with market sentiment. Pay particular attention to moving average convergence and divergence patterns to identify potential entry and exit points for trading strategies.