Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

British Pound/South African Rand (FOREX:GBPZAR)

Crossroads (-60) - GBPZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
24.161105 24.223135 24.094570 24.209080 +0.047975
Entry Signal

MarketClub’s Trade Triangles for GBPZAR

long term up The long-term trend has been UP since Dec 26th, 2024 at 23.629280

intermediate term down The intermediate-term trend has been DOWN since May 2nd, 2025 at 24.526790

short term down The short-term trend has been DOWN since Apr 30th, 2025 at 24.789375

Smart Scan Analysis for GBPZAR

Based on our trend formula, GBPZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.161105 24.223135 24.094570 24.209080 +0.047975
Prev. Close Volume Bid Ask Time
24.161105 2025-05-09 08:30:54
Get a free daily analysis and signals for British Pound/South African Rand (GBPZAR) - Request Your Free Report.