Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
British Pound/South African Rand (FOREX:GBPZAR)
Weak Downtrend (-65) - GBPZAR is showing signs of a strengthening downtrend. Monitor GBPZAR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid GBPZAR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPZAR.
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 GBPZAR
The long-term trend has been UP since Jan 17th, 2024 at 24.067690
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 23.702565
The short-term trend has been DOWN since Apr 19th, 2024 at 23.606010
Smart Scan Analysis for GBPZAR
Based on our trend formula, GBPZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
23.627385 | 23.627385 | 23.627385 | 23.627385 | 0.000000 |
Prev. Close | Volume | Bid | Ask | Time |
23.627385 | 2024-04-20 08:32:11 |