Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
South African Rand/Bulgarian Lev (FOREX:ZARBGN)
Weak Downtrend (-65) - ZARBGN is showing signs of a strengthening downtrend. Monitor ZARBGN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ZARBGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARBGN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZARBGN
The long-term trend has been UP since Feb 14th, 2022 at 0.11453619
The intermediate-term trend has been DOWN since Jun 28th, 2022 at 0.11572582
The short-term trend has been DOWN since Jun 28th, 2022 at 0.11587794
Smart Scan Analysis for ZARBGN
Based on our trend formula, ZARBGN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).