Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
South African Rand/British Pound (FOREX:ZARGBP)
Weak Downtrend (-65) - ZARGBP is showing signs of a strengthening downtrend. Monitor ZARGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZARGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARGBP.
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 ZARGBP
The long-term trend has been DOWN since Jan 17th, 2024 at 0.0415485
The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.0421895
The short-term trend has been DOWN since Apr 24th, 2024 at 0.0418785
Smart Scan Analysis for ZARGBP
Based on our trend formula, ZARGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.0417240 | 0.0422190 | 0.0416985 | 0.0421495 | +0.0004260 |
Prev. Close | Volume | Bid | Ask | Time |
0.0417240 | 2024-04-25 08:03:04 |