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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

British Pound/South African Rand (FOREX:GBPZAR)

Strong Uptrend (+100) - GBPZAR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPZAR 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 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.

FOREX_GBPZAR
Open High Low GBPZAR Price Change
22.96698 23.44721 22.91055 23.36053 +0.39355
Entry Signal

MarketClub’s Trade Triangles for GBPZAR

long term up The long-term trend has been UP since Oct 16th, 2019 at 18.951915

intermediate term up The intermediate-term trend has been UP since Jan 21st, 2020 at 18.938450

short term up The short-term trend has been UP since Mar 20th, 2020 at 20.425995

Smart Scan Analysis for GBPZAR

Based on our trend formula, GBPZAR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for GBPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.96698 23.44721 22.91055 23.36053 +0.39355
Prev. Close Volume Bid Ask Time
22.96698 23.33538 23.38568 2020-04-03 19:58:57
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