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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
South African Rand/ (FOREX:ZARBTN)
Strong Uptrend (+100) - ZARBTN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ZARBTN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ZARBTN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARBTN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARBTN
The long-term trend has been UP since May 1st, 2024 at 4.4920618
The intermediate-term trend has been UP since May 1st, 2024 at 4.4920618
The short-term trend has been UP since Apr 26th, 2024 at 4.3440569
Smart Scan Analysis for ZARBTN
Based on our trend formula, ZARBTN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5139713 | 4.5139713 | 4.5139713 | 4.5139713 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.5139713 | 2024-05-09 07:26:26 |