CAD/ZAR 12.18213

Market Overview

Market Overview The CAD/ZAR pair closed at 12.18213, continuing its downtrend with a slight decline of 0.08% from the previous close. Over the past 30 days, the pair has decreased by approximately 0.30%, reflecting persistent bearish pressure. The outlook remains cautious as no major economic events are scheduled imminently to alter this trajectory. Technical indicators show the 20-day moving average at 12.21, the 50-day near 12.21, and the 200-day also around 12.21, with the RSI indicating subdued momentum. Nearest support is at 12.18, while resistance is observed near 12.22. These factors align with the ongoing downtrend and suggest continued pressure on the pair. For information only. Last Updated 12/4/25